Rey C.
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Supreme Court Overturns Campaign Spending Limits on Corporations
Premium Link UpgradeCompanies, which had been barred since 1947 from using general-treasury dollars in support of or in opposition to a candidate, now can spend millions of dollars on their own campaign ads, potentially punishing or rewarding lawmakers for their votes on legislation. Labor unions, though they weren’t directly at issue in the case, have been subject to the same restrictions and may also now expand their political spending.
Political Action Committees
Corporations and unions seeking to support candidates had previously been ****** to rely on regulated political action committees. Today’s case dealt with independent corporate expenditures as opposed to the ban on contributions directly to candidates, which dates from 1907 and remains intact.