Congress' new spending bill would allow wealthy donors to give 10 times more money to political parties

Congress' new spending bill would allow wealthy donors to give 10 times more money to political parties
(Image credit: iStock)

Given the gridlock in Congress, it is somewhat amazing that Democrats and Republicans this week were actually able to agree on a new spending bill that will fund most of the government for the next fiscal year. But when you look into the details, as Bloomberg's Julie Bykowicz has, you'll find that at least one area of agreement is not so surprising:

There's a serious perk for the national political parties tucked inside the federal spending deal that Congress brokered Tuesday night. Wealthy donors would be able to give 10 times as much to these organizations, paying for better political conventions, nicer office renovations and more voter recounts. Seriously.

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Ryu Spaeth

Ryu Spaeth is deputy editor at TheWeek.com. Follow him on Twitter.