Digital News Report – Corporations will be able to spend as much money as they want on political ads leading up to elections after the Supreme Court struck down a 2002 campaign finance law. The law violates “free speech”, according to the court.
This comes as a blow to activists who support limiting the influence of large corporations. “The Supreme Court of the United States handed down a decision today that will enhance the ability of the deepest-pocketed special interests to influence elections and the U.S. Congress”, Common Cause said today in a statement.
McCain-Feingold Act was established to limit the contributions by special interest groups. Today’s decision handed down in the case “Citizens United vs Federal Election Commission” was decided by a 5-4 vote. It overturned a 1990 legal precedent and a 2003 position taken by the court.
By: Mark Williams