Today, the United States Supreme Court ruled in McCutcheon v. FEC that aggregate limits on campaign contributions through the Bipartisan Campaign Reform Act of 2002 are unconstitutional under the First Amendment.
The 5-4 ruling opens the door for individuals to make unlimited contributions to politicians, political parties and political action funds, commonly known as PACs. Congresswoman Judy Chu (D-CA) released the following statement:
“The Supreme Court’s decision today in McCutcheon v. FEC effectively places our democracy for sale to the highest bidder. Every American deserves equal influence at the ballot box, but the impact of this decision will mean those with the deepest pockets will have the most sway in our elections. This ruling, along with Citizens United v. Holder, effectively drown out the voices of average Americans and replace them with special interests who can afford to fund entire campaigns on their own. We must reinstate reasonable campaign finance laws to ensure public officials remain accountable to the public at large.â€