Ted Cruz has never recouped more than $500,000 he loaned his first campaign. He’s working to overturn the law that’s blocked him.
If the Supreme Court struck down the limit, Tara Malloy, senior director for appellate litigation and strategy at the Campaign Legal Center, said the effect would be bad but “fairly narrow.” “It’s just common sense that when an election is over, a contributor is not giving money to fund election speech anymore. At most, they are trying to associate themselves to the candidate,” said Malloy, whose group filed an amicus curiae brief supporting the FEC in the Supreme Court case. “That money that’s being raised will directly enrich the candidate in a way that almost no other campaign contribution will.”
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