The U.S. Supreme Court this morning released a decision in Citizens United v. Federal Election Commission that will allow corporations and unions to spend freely in political campaigns -- a ruling that could affect federal races across Florida including the hotly contested U.S. Senate primary.
Experts are still trying to grasp the 5-4 vote (ruling here) but early word is it could be a game changer. It did not change the prohibition on direct contributions to candidates but overturned a decades old ruling that said companies cannot use money from general treasuries to produce campaign ads.
"Today’s SCOTUS decision on McCain-Feingold is a victory for free speech," GOP candidate Marco Rubio Tweeted moments ago.
U.S. Rep. Alan Grayson, D-Orlando, has the opposite view. "Unlimited corporate spending on campaigns means that the government is up for sale to the highest bidder, and that the law itself will be bought and sold. It would be political bribery on the largest scale imaginable," he said in a statement anticipating today's decision.
-- Alex Leary