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Tag >> McCain-Feingold
Jan 21

The Supreme Court's campaign finance ruling lets corporations have it both ways

Posted by annearf in Supreme CourtMcCain-Feingoldcorporationscampaign finance


The Supreme Court just obliterated long-standing restrictions on how much corporations can spend to support or oppose political candidates. And it did so, largely based on an astoundingly hypocritical and nonsensical issue.

 The 5-4 vote overturned a ruling that corporations can't use their own money for campaign ads, although it didn't allow them to  make direct contributions. Also, the court struck down the McCain-Feingold provision prohibiting corporations and labor unions from financing political ads shortly before an election.

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