Uh oh. More bad news for Democrats this election year. #TCOT
High Court Strikes Corporate Spending Ban
The Supreme Court on Thursday lifted long-held bans on corporate and union involvement in federal elections, ruling that outside groups can spend unlimited sums on television advertising and other campaign expenditures.
“The court has recognized that the First Amendment applies to corporations … and extended this to the context of political speech,” the justices ruled in the narrow 5-4 decision.
Originally heard by the court last June, the Supreme Court asked to re-hear the case last fall during Sonia Sotomayor’s first appearance on the bench.
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