
The Supreme Court may have changed the landscape of campaign spending today: in issuing its decision on Citizens United v. Federal Election Commission, it announced that corporations and unions can now spend money directly in support of candidates.
Justice Kennedy, in the majority opinion, reasoned that the government can’t discriminate against speakers based on their corporate identities, and that “all speakers, including individuals and the media, use money amassed from the economic marketplace to fund their speech, and the First Amendment protects the resulting speech.”
This basically eliminates a middleman: before today, corporations and unions had to set up PACs (political action committees), filed separately with the IRS, that would receive donations. And they did. Corporations and unions spend millions of dollars on elections. Now, however, the accounting firewall is gone, and Wal-Mart or the Service Employees International Union, for instance, can spend their corporate money directly on candidates.
Chris Good writing in The Atlantic