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Davis V. Federal Election Commission: A Further Step Towards Campaign Finance Deregulation And The Preservation Of The Millionaires' Club, Grant Fevurly

University of Colorado Law Review

In the middle of the 2008 election cycle, the United States Supreme Court altered the permissible limits of campaign finance regulation by striking down the "Millionaire's Amendment" in Davis v. Federal Election Commission. The struck provision attempted to equalize the resource differential between self-financing and non-self-financing candidates for electoral office by temporarily increasing the contribution limits for the non-self-financing candidates when those candidates who self-financed crossed a threshold amount of personal expenditures. Once the disparity between the two candidates equalized, the normal regulatory regime resumed effect. While important for its own immediate implications to a number of public financing schemes …