The Supreme Court issued a ruling this morning that may have dramatic effects on political advertising. Corporations will now be able to spend unlimited funds on ads during political campaigns. Citing free speech concerns, the 5-4 decision overturns two precedents and invalidates the "electioneering" clause of 2002’s McCain-Feingold campaign finance reform law, which prohibited corporate and union ads that mention a candidate by name in the weeks leading up to an election. What will the decision mean for midterm elections this November?
John Eastman, Dean of Chapman Law School
Erwin Chemerinsky, Founding Dean, UC Irvine School of Law