Bloomberg:Corporate Campaign Spending Backed by U.S. High Court

Written by admin on January 21st, 2010

Bloomberg on today’s Supreme Court decision.

Story here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0PnIiHM5xKQ&pos=8

A divided U.S. Supreme Court struck down decades-old restrictions on corporate campaign spending, reversing two of its precedents and freeing companies to conduct advertising campaigns that explicitly try to sway voters. The 5-4 majority, invoking the Constitution’s free-speech clause, said the government lacks a legitimate basis to restrict independent campaign expenditures by companies.

Both Roberts and Alito vowed during their Senate confirmation hearings to respect precedent. Like other nominees, they left open the possibility of overruling decisions that had proven unworkable or been undermined by later developments

 

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