Court Will Rule on Campaign Spending Limits

September 28, 2005

Court Will Rule on Campaign Spending Limits

The Supreme Court "opened a new chapter in the long-running debate over the role of money in politics by agreeing to decide whether Vermont's strict limits on campaign spending and contributions are constitutional," the New York Times reports. Vermont is currently "the only state to have placed limits on candidates' spending."

"The court's action suggested, although it did not guarantee, that the justices might be ready to revisit their 29-year-old precedent, Buckley v. Valeo, which in equating money with speech has been widely interpreted as ruling out any restrictions on expenditures by candidates."

The Washington Post notes the court will also hear "a challenge to provisions of the 2002 McCain-Feingold campaign law that prevent corporations or labor unions from buying ads with unregulated money about a specified candidate in the weeks just before an election."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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September 28, 2005