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| Jan. 25, 2010 |
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| Supreme Court OKs Corporate Campaign Contributions |
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The U.S. Supreme Court reversed 20 years of restrictions on corporate campaign contributions. Marcia Coyle of the National Law Journal explains the controversial ruling and how it will likely affect future political campaigns. The justices overturned a ban on letting companies and unions use their own funds to produce their own campaign ads.
The decision also eliminated the so-called McCain-Feingold ban on issue-oriented ads within 30 days of a primary and 60 days of a general election. A strong dissent was written by Justice John Paul Stevens, joined by Ruth Bader Ginsburg, Stephen Breyer, and Sonia Sotomayor. |
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