Patt Morrison for August 6, 2010

Goodbye campaign finance reform. Hello big money.

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Karen Bleier/AFP/Getty Images

The Supreme Court, in a 5-4 ruling, opened the door to allow unlimited sums of corporate and union money to flow into political campaigns.

The Supreme Court, in a 5-4 ruling, opened the door to allow unlimited sums of corporate and union money to flow into political campaigns. And this November, big business plans to take full advantage. Conservative business groups intend to spend unprecedented amounts of money in an attempt to take back control of Congress from the Democrats. The U.S. Chamber of Commerce is planning to spend more than $75 million on the congressional election—up from $35 million in 2008. Another example, a group of 15 conservative tax-exempt organizations is expected to spend close to 300 million. So just how much will be spent and what impact will this massive influx of campaign money have on Congress in November?

Guests:



Jonathan Collegio, communications director, American Crossroads

Lisa Graves, executive director of the Center for Media & Democracy


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