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The U.S. Supreme Court returns to the campaign finance fray on Tuesday, hearing arguments in a case that could undercut most of the remaining rules that limit big money in politics.

It's been three years since the court's landmark Citizens United ruling, which let loose a new flood of campaign cash into the political process. In that 2010 case, a narrow conservative court majority upset a century-long legal understanding and declared for the first time that corporations are people entitled to spend unlimited amounts on candidate elections. Those independent expenditure limitations were one pillar of the campaign finance law.

On Tuesday, the second pillar — contributions to candidates — is before the court. The justices will hear arguments on one aspect of contributions: the aggregate limits on contributions to candidates and political parties.

Campaign Contribution Limits

The case was brought by Shaun McCutcheon, a successful Alabama businessman whose real love is conservative politics. In the 2012 election season, McCutcheon gave roughly $33,000 to 16 Republican congressional candidates and a similar amount to Republican Party committees. He wanted to give more, but a federal law caps the aggregate amounts that individuals can give to candidates and political parties. In 2012, those caps were roughly $46,000 for candidates and $70,000 for party committees.

Of course, McCutcheon could spend any amount he wants to by giving to independent groups that have proliferated since Citizens United. These groups raise millions of dollars to spend on candidate elections, but they do so independently and are not supposed to coordinate with the candidate campaigns. McCutcheon, however, doesn't want to give to independent groups; he wants to give directly to candidates and the Republican Party.

As he said in an interview with NPR, "It's just that sometimes it's more advantageous for the donor to donate directly to the campaign."

Just What Do The Limits Prevent?

That advantage is at the heart of the issue before the Supreme Court on Tuesday. In 1974, in the wake of the Watergate scandal, Congress enacted the laws that still form the basic structure for campaign finance regulations. Part of that structure is the aggregate cap, which is intended to prevent circumventing limits on the amount that single donors can pour into campaigns.

The Supreme Court upheld an earlier version of the caps in 1976, and since then it has drawn a consistent line between expenditure limits on the one hand and contribution limits on the other. The distinction is based on the notion that large contributions to candidates pose the threat of "the actuality" and the "appearance" of corruption.

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