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Senate Majority Leader Harry Reid said Thursday he’ll seek a constitutional amendment giving Congress the authority to limit campaign spending by outside groups that can now raise and spend unlimited sums of money to influence elections.
originally posted by: rockflier
a reply to: MrInquisitive
Actually, the Supreme Court DOES think that corporations are people. Not that I agree, but here is what they say:
But despite the urgings of members of the Court itself and a public shell-shocked by the recent torrent of unregulated corporate expenditures, the Court chose instead to double down and reaffirm the conclusion of Citizens United that corporations are people -- at least as far as the First Amendment is concerned.
“Congress shall have power to regulate the raising and spending of money and in-kind equivalents with respect [to] the Federal elections … [and] State elections.”