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Thu Oct 29, 2020, 01:04 PM

Cruz wants donors to repay $10K he loaned to his 2018 campaign

Source: The Hill

Sen. Ted Cruz (R-Texas) argued in federal court this week that donors should be allowed to repay $10,000 he loaned to his 2018 Senate campaign despite exceeding a cap set by the Federal Election Commission (FEC).

Cruz, who defeated former Rep. Beto O'Rourke (D-Texas) in a tight race that garnered national attention, borrowed $260,000 from a personal investment account in 2018 and donated it to his campaign shortly before the election, The Dallas Morning News reported.

Federal election law stipulates that candidates have up to 20 days after the election to collect donations and use them to repay personal loans to a campaign. After the 20th day, they can recoup no more than $250,000.

Cruz's lawyer argued in court this week that the FEC cap amounts to a suppression of First Amendment rights, and that he should be able to collect the remaining $10,000 from donors, the newspaper reported.



Read more: https://www.msn.com/en-us/news/politics/cruz-wants-donors-to-repay-10k-he-loaned-to-his-2018-campaign/ar-BB1aw0yA?li=BBnbfcQ&ocid=DELLDHP

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Reply Cruz wants donors to repay $10K he loaned to his 2018 campaign (Original post)
Yo_Mama_Been_Loggin Oct 29 OP
Fullduplexxx Oct 29 #1
Fullduplexxx Oct 29 #2
Yeehah Oct 29 #3
bucolic_frolic Oct 29 #4
pecosbob Oct 29 #5

Response to Yo_Mama_Been_Loggin (Original post)


Response to Yo_Mama_Been_Loggin (Original post)

Thu Oct 29, 2020, 01:34 PM

2. Fec caps ampunt to suppression of the 1a...

This is the sht that makes people hate lawyers

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Response to Fullduplexxx (Reply #2)

Thu Oct 29, 2020, 01:49 PM

3. Blame the US Supreme Court

Citizens United says that money = speech. It would be comical if it wasn't so fucking absurd.

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Response to Yo_Mama_Been_Loggin (Original post)

Thu Oct 29, 2020, 02:44 PM

4. So by this theory, Ted borrowed from himself to exercise 1A for donors?

Did donors approve this message?

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Response to Yo_Mama_Been_Loggin (Original post)

Thu Oct 29, 2020, 03:21 PM

5. The GOP just finally filled the two vacant posts at the FEC...convenient timing after three years

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