WASHINGTON — The Supreme Court on Monday opened the door to corporate and union financing of broadcast ads subtly attacking candidates for federal office before an election, in a 5-4 decision that is likely to make it harder for Congress to regulate campaign financing in the future.
The decision also could bring about a new flood of corporate and big-money spending on the 2008 elections.
If I didn't know better I'd think she were auditioning for a PR job with the John McCain for President campaign.
Here's how Biskupic colleague Jill Lawrence of the paper's "On Politics" blog tracked McCain's reaction to the ruling (emphasis mine):
12:12 p.m. Republican John McCain: "... It is regrettable that a split Supreme Court has carved out a narrow exception by which some corporate and labor expenditures can be used to target a federal candidate in the days and weeks before an election. It is important to recognize, however, that the Court's decision does not affect the principal provision of the Bipartisan Campaign Reform Act, which bans federal officeholders from soliciting soft money contributions for their parties to spend on their campaigns ... Fortunately, that central reform still stands as the law."
