In a decision announced this morning, the United States Supreme Court held that corporations may use unlimited funds from their general treasuries to support or oppose candidates for president and Congress. This decision eases the federal limits imposed 20 years ago on their participation in federal campaigns. The decision is expected to impact corporate and union participation in federal campaigns and threatens the campaign limits imposed by 24 states, including Ohio.

In addition to having struck down the prohibition of use of funds from a corporation's general treasuries, the Justices struck down part of the campaign finance bill that barred issue ads paid for by unions and corporations during the closing days of campaigns.