Supreme court rejects limits on corporate spending on political campaigns

12 Mar

 

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/21/AR2010012104866.html?nav=emailpage

The Report

Aggregated Contributions

Represents total campaign contributions from an organization’s employees and/or its PAC.

In the Supreme Court decision Citizens United v the FEC, the High Court ruled limits on the amount of money a corporation can spend on influencing political decisions are unconstitutional. Following the decision, corporations are allowed to donate as much money as they feel toward PACs. Though the decision came out in favor of no limits, the decision was close. The 5-4 decision resulted from a heated battle in the Supreme Court. On one side of the argument, the Justices argued corporations should have the same rights as individuals. They claimed that limits on contributions violated the basic first amendment rights.

On the other hand, the liberal bloc opposing the limits believed that unlimited spending can lead to corruption. They wrote that the decision ignored the majority opinion. Even Obama shared his opinion on the situation. “It is a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans,” he said.

Opposers of the decision claim that it upended precedent. Bu it really just goes to show how much the courts have changed.

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