View source for Buckley v. Valeo

In '''''Buckley v. Valeo''''', 424 U.S. 1 (1976) (per curiam), the [[U.S. Supreme Court]] upheld the power of [[Congress]] to limit campaign contributions but declared unconstitutional any limits on a candidate spending his own money on his own campaign.

==Below==
On January 2, 1975, Senator [[James L. Buckley]] of New York, former Senator, 1968 presidential candidate [[Eugene McCarthy]] of Minnesota, and others A lawsuit was filed in the District Court for the D.C.  The defendant against [[Francis R. Valeo]], the Secretary of the Senate and ex officio member of the [[Federal Election Commission]] who represented the U.S. federal government. The district court denied plaintiffs' request for declaratory and injunctive relief. Plaintiffs then appealed to the Court of Appeals.
==Aftermath==

One result of this decision has been a growing number of self-financed, wealthy politicians gaining election by spending their own money, including Jon Corzine, [[Michael Bloomberg]], Peter Fitzgerald and Arnold Schwarzenegger.
[[Category:United States Supreme Court Cases]]
[[Category:Campaign Finances]]