WASHINGTON – Senator Joe Lieberman, D-Conn., Monday, said he agreed with the Supreme Court’s decision to uphold the ban on corporate contributions to political campaigns, even from incorporated advocacy groups that argued they should be excepted from the long-standing prohibition.
“The Supreme Court has rightly held that the ban on corporate donations to federal campaigns should include all organizations that assume the benefits of corporate status,” Lieberman said. “Individuals may still give money to federal races, and advocacy groups can still form political action committees to raise money from their members and donate to campaigns. What they can’t do is use their legally-favored corporate status to amass wealth — often from for-profit corporations that aren’t allowed to give to campaigns — and then direct those funds toward a particular candidate. This ruling puts the high court firmly on record against the corrosive effects we all know corporate contributions can have on political activity.”