32
1705, 1715 (1999). But this perceived anomaly has existed to
some extent since Buckley, which recognized that contribution
limitations “alone would not reduce the greater potential voice
of affluent persons and well-financed groups, who would
remain free to spend unlimited sums directly to promote
candidates and policies they favor in an effort to persuade
voters.” Buckley, 424 U.S. at 26 n.26. And McConnell
similarly took note of the fact that, even after that decision
upholding regulations on contributions to parties, “[i]nterest
groups . . . remain free to raise soft money to fund voter
registration, GOTV activities, mailings,” and advertisements.
McConnell v. FEC, 540 U.S. 93, 187 (2003).
If eliminating this perceived asymmetry is deemed
necessary, the constitutionally permitted legislative solution,
as the Court stated in an analogous situation in Davis, is “to
raise or eliminate” limits on contributions to parties or
candidates. 128 S. Ct. at 2774. But it is not permissible, at
least under current Supreme Court precedents, to remove the
incongruity by placing these limits on spending by or
donations to non-profits.
IV
In addition to its First Amendment challenge to the five
regulatory provisions, EMILY’s List alternatively contends
that three of the five provisions exceed the FEC’s statutory
authority. See 5 U.S.C. § 706(2)(C) (agency may not act “in
excess of statutory jurisdiction, authority, or limitations, or
short of statutory right.”). We agree.
When enacting BCRA in 2002, Congress did not
authorize the FEC to restrict donations to or spending by nonprofits – even though Congress was aware that BCRA’s
restrictions on political parties meant that independent non-