Newt Gingrich: Unlimited campaign donations will ‘equalize the middle class and the rich’

By David Edwards
Sunday, April 6, 2014 14:01 EDT
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Newt Gingrich speaks to ABC News
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Former Republican presidential candidate Newt Gingrich argued on Sunday that allowing unlimited campaign contributions was a necessary step to “equalize” the middle class with the rich.

Last week, the Supreme Court followed it’s controversial Citizens United decision, which allowed corporate spending in elections, by striking down the total limit that donors could contribute during elections.

“It is a big deal because it means that people can give to scores of campaigns,” Gingrich told a panel on ABC News. “It’s part of a continuum. It started a long time ago when they said that speech included money, which is the original decision. You, as a billionaire or millionaire, could go out and spend your own money. Of course, speech is money.”

“What’s happen is that you’ve gone from that original decision to Citizens United, which said in effect that corporations could give, and created super PACs.”

Last week’s decision struck down limits on the total amount of contributions that donors could make over a two-year period, but it left in place limits to individual campaigns.

Gingrich asserted that the next step would be to allow candidates to accept unlimited donations.

“And you would overnight equalize the middle class and the rich,” he declared.

Watch the video below from ABC’s This Week, broadcast April 6, 2014.

David Edwards
David Edwards
David Edwards has served as an editor at Raw Story since 2006. His work can also be found at Crooks & Liars, and he's also been published at The BRAD BLOG. He came to Raw Story after working as a network manager for the state of North Carolina and as as engineer developing enterprise resource planning software. Follow him on Twitter at @DavidEdwards.
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