Skip to content
Monday, Jun 27, 2022
investecaccountants investecaccountants

Obey Your Finance

June 27, 2022

What Is SEARCH ENGINE MARKETING Advertising and marketing And How It Works Newcomers Guide

June 26, 2022

UNK adds cybersecurity, business education options to MBA program | Local News

June 24, 2022

What Is The Greatest Method To Learn SEARCH ENGINE MARKETING And Affiliate Marketing?

Primary Menu
  • Business & Finance
  • Online Shop
  • Florist
  • Business Plan
  • Google Business
  • Business Ideas
  • Finance News
  • general
    • About Us
      • Advertise Here
      • Contact Us
      • Privacy Policy
      • Sitemap
  • Home
  • Supreme Court rules for Sen. Cruz in campaign finance case
Finance News

Supreme Court rules for Sen. Cruz in campaign finance case

May 19, 2022
Edna J. May
Read Time : 5 Minutes

WASHINGTON — The Supreme Court’s conservative majority sided Monday with Republican Sen. Ted Cruz of Texas and struck down a provision of federal campaign finance law, a ruling that a dissenting justice said runs the risk of causing “further disrepute” to American politics.

The court, by a 6-3 vote, said the provision Cruz challenged limiting the repayment of personal loans from candidates to their campaigns violates the Constitution. The decision comes just as campaigning for the 2022 midterm elections is intensifying.

Chief Justice John Roberts wrote for the majority that the provision “burdens core political speech without proper justification.”

The Biden administration had defended it as an anti-corruption measure, but Roberts wrote the government had not been able to show that the provision “furthers a permissible anticorruption goal, rather than the impermissible objective of simply limiting the amount of money in politics.”

Related Posts:

  • Supreme Court rules for Ted Cruz in campaign finance dispute

Justice Elena Kagan disagreed, writing that for two decades the provision checked “crooked exchanges.” Kagan said in a dissent for herself and the court’s two other liberals that the majority, in striking down the provision, “greenlights all the sordid bargains Congress thought right to stop.” She said the decision “can only bring this country’s political system into further disrepute.”

In an emailed statement, Cruz’s attorney, Charles Cooper, said the ruling: “is a victory for the First Amendment’s guarantee of freedom of speech in the political process.”

The case involved a section of the 2002 Bipartisan Campaign Reform Act, commonly referred to as the McCain-Feingold campaign-finance law. The provision said that if a candidate lends his or her campaign money before an election, the campaign cannot repay the candidate more than $250,000 using money raised after Election Day. The provision said loans could still be repaid with money raised before the election.

Cruz, who has served in the Senate since 2013 and ran unsuccessfully for president in 2016, loaned his campaign $260,000 the day before the 2018 general election for the purpose of challenging the law.

Cruz’s spokesman, Steve Guest, said in an emailed statement that the senator was “gratified” by the decision, which Guest said would “help invigorate our democratic process by making it easier for challengers to take on and defeat career politicians.”

The decision is the latest since Roberts became chief justice in 2005 in which conservatives have struck down congressionally enacted limits on raising and spending money to influence elections. That includes the 2010 Citizens United decision, which opened the door to unlimited independent spending in federal elections.

Kagan, in her dissent, described one result now that the most recent provision has been struck down. A candidate could lend his or her campaign $500,000 and, after winning, use donor money to pay that back in full, she said. The grateful politician might then respond to donors’ money with “favorable legislation, maybe prized appointments, maybe lucrative contracts,” she wrote. “The politician is happy; the donors are happy. The only loser is the public. It inevitably suffers from government corruption.”

At another point she said: “It takes no political genius to see the heightened risk of corruption — the danger of ‘I’ll make you richer and you’ll make me richer’ arrangements between donors and officeholders.”

Roberts, however, noted in his majority opinion that individual contributions to candidates for federal office, including those made after the candidate has won the election, are capped at $2,900 per election.

“The dissent’s dire predictions about the impact of today’s decision elide the fact that the contributions at issue remain subject to these requirements,” he wrote. He pointed out that most states “do not impose a limit on the use of post-election contributions to repay candidate loans.”

Cruz had argued that the provision made candidates think twice about lending money because it substantially increased the risk that any candidate loan will never be fully repaid. A lower court had agreed the provision was unconstitutional.

The case may be most directly important to candidates for federal office who want to make large loans to their campaigns. But the administration, which declined a request for comment following the ruling, has also said that in the past the great majority of candidate loans were for less than $250,000 and therefore the provision Cruz challenged did not apply.

The government has said that in the five election cycles before 2020, candidates for Senate made 588 loans to their campaigns, about 80% of them under $250,000. Candidates for the House of Representatives made 3,444 loans, nearly 90 percent under $250,000.

The case is Federal Election Commission v. Ted Cruz for Senate, 21-12.

Tagged in : "Taking Care Of Business Amazon Business Credit Card American Airlines Business Class At&T Business Login Austin Business Journal Best Bank For Small Business Best Business Bank Accounts Best Business Schools In Us Best Business To Start British Airways Business Class Business Attire Men Business Card Ideas Business Casual Shoes For Women Business Continuity Planning Business Entity Search Business Letter Template Business Management Degree Business Manager Facebook Business Plan Outline Business School Rankings Colorado Business Search Delaware Business Entity Search Drop Shipping Business Family Business Bet Fox Business Live Georgia Sos Business Search Google Business Account Harvest Small Business Finance How To Build Business Credit Is Saturday A Business Day Is Sears Still In Business Microsoft 365 Business My Business Google Name Generator Business None Of Your Business Ny Sos Business Search Open A Business Bank Account Pa Business Search" Plus Size Business Casual Pnc Business Banking Sos Business Search Ca Sunbiz Business Search The Business Of Being Born Turbotax Home And Business 2020 Tx Sos Business Search Venmo For Business Verizon Business Plans Virtual Address For Business What Are Business Days Women Business Casual

Related Articles

March 23, 2022

Venom 2: ‘Let There Be Carnage’ movie biggest US opening of the pandemic

May 23, 2022

Supreme Court Sides With Ted Cruz In Campaign Finance Case

June 5, 2022

Japan’s Finance Minister Says Addressing Rising Cost of Living, as Extra Budget Debated | Investing News

Post navigation

Previous Previous post: Great Event Planning Courses for Your Business
Next Next post: 7 Digital Marketing Secrets to Enhance Your Business
June 2022
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930  
« May    

Categories

  • Business & Finance
  • Business Ideas
  • Business News
  • Business Plan
  • Finance News
  • Florist
  • general
  • Google Business

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • March 2020
  • November 2018
  • October 2018
  • January 2017

Recent Posts

  • What Is SEARCH ENGINE MARKETING Advertising and marketing And How It Works Newcomers Guide
  • The business user’s guide to Google Voice
  • Not enough or too far? California climate plan pleases few
  • 10 Pillars of Business Success » Small Business Bonfire
  • JTLV3 buys Mandarin Hotel land in Tel Aviv

Tags

"Women'S Business Casual Amazon Fba Business At&T Business Login Atlanta Business Chronicle'S Boss Baby Back In Business Business Administration Degree Business Attire Women Business Card Design Business Cards Templates Business Casual Dress Business Casual Outfits Business Checking Account Business Credit Card Business For Sale Near Me Business Lawyer Near Me Business Loan Calculator Business Name Ideas Business Professional Women Business Spectrum Login California Business Entity Search Carl Weber'S The Family Business Charlotte Business Journal Custom Business Cards Delaware Business Search Florida Business Search Fl Sos Business Search Harvard Business Publishing Insurance For Small Business Kelley School Of Business Maryland Business Express National Business Furniture New York Business Search Ohio Business Gateway Onedrive For Business Online Business Ideas Paramore Misery Business Risky Business Cast Small Business Insurance Spectrum Business Customer Service Tom Cruise Risky Business Us Small Business Administration Verizon Wireless Business Verizon Wireless Business Login Yelp Business Login Yelp For Business

Visit Now

small business grants

BL

TL

Intellifluence Trusted Blogger

https://citratextile.com/keserasian-warna-antara-kebaya-dan-hijab.html

Copyright All rights reserved Theme: News Base by Themematic
Thursday May 19, 2022
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT