In a 5-4 decision that strikes down a 1907 law, the justices say the 1st Amendment gives corporations, just like individuals, a right to spend their own money on political ads for federal candidates. The Supreme Court today overturned a century-old restriction on corporations using their money to sway federal elections and ruled that companies have a free-speech right to spend as much as they wish to persuade voters to elect or defeat candidates for Congress and the White House.
Stories Related to Supreme Court Overturns Ban On Direct Corporate Spending On Elections
Los Angeles Times - Top News, Los Angeles Times
Thu, 01/21/2010 - 9:25am
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