US Supreme Court Rules on , Campaign Loan Repayment Limits, , a Victory for Sen. Ted Cruz.
NBC News reports the
United States Supreme Court ...
... nixed federal restrictions on political candidates who self-finance their campaigns.
The ruling is a win for Senator Ted Cruz,
the Republican from Texas who
challenged the restrictions.
Ruling 6-3, the court says the law,
enacted in 2002, was a direct violation
of a candidate's free expression.
The U.S. Supreme Court said as
money buys candidates the ability
to spread their message.
limiting a candidate's expenses
implicates the First Amendment.
According to NBC News, Cruz self-financed $260,000 for his re-election campaign in 2018.
The senator went above financial campaign limits to trigger a Supreme Court response.
US Chief Justice John Roberts said such limits
on self-financing increased the risk that
candidates wouldn't be repaid if they
loaned their campaigns too much.
That risk in turn may deter
some candidates from loaning
money to their campaigns when
they otherwise would, reducing
the amount of political speech, U.S. Supreme Court Chief Justice John Roberts,
writing for the court's majority, via NBC News