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McCain-Fangold - The Only Loser Is the Public
The provision limits one narrow use of third-party contributions to a campaign, plus entailing only a marginal restriction on speech. Section 304 of McCain-Fangold prevented that kind of corruption at a barely discernible cost to First Amendment freedoms. The money does is enrich the candidate personally at a time when he can return the favor by vote, contract, or appointment. Well, and Ted Cruz is a loser.