In a move that is sure to increase spending in the upcoming midterm election, the Supreme Court Wednesday struck down campaign contribution limits that capped individual contributions at $123,000.
The court voted 5-4 to allow individuals to give as much money as they want to as many parties, candidates or groups. It did not, however, lift the $5,200 limit an individual can spend per election on a single candidate for president or Congress.
Though not as sweeping as the landmark Citizens United decision four years ago that removed restrictions on what corporations and labor unions can spend, today's decision will allow more wealthy individuals to influence the political process with their checkbooks.
Chief Justice John Roberts, who wrote the minority decision, said the current law violates the First Amendment.
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