Blog - Articles Tagged 'Buckley v. Valeo'

For decades, the least democratic federal legal institution in the United States has been custom tailoring the body of laws that have the most profound influence on the functioning of our democracy. In 1976 the Supreme Court ruled that political donations are a form of speech and deserve First Amendment protections. In 2010 they ruled that corporations are people and gave them power to spend unlimited amounts of money on elections without having to disclose anything. A new constitutional amendment in the Senate seeks to regain control of campaign finance laws for Congress and state legislature.

"The Supreme Court ruled Thursday that corporations may spend as freely as they like to support or oppose candidates for president and Congress, easing decades-old limits on business efforts to influence federal campaigns."