Do We Really Need Campaign Finance Reform?
Some Political Analysts See Corruption in Unrestricted Spending. Others See an Equal Playing Field.
By the time America’s next president is named this November, campaign spending for all the candidates who ran in the election is projected to total about $4.4 billion—on television ads alone. In the wake of Citizens United, the landmark 2010 Supreme Court case that loosened restrictions on political expenditures, campaign financing has gone through the roof. Super PACs and the country’s wealthiest of the wealthy contribute enormous amounts of money to campaigns, helping candidates fight their way into—and stay in—the national spotlight.
But to what extent can money buy power? …