Buckley v. Valeo

Buckley v. Valeo is a landmark Supreme Court case from 1976 that addressed campaign finance laws. The Court ruled that while Congress could limit individual contributions to political campaigns to prevent corruption, it could not limit personal spending by candidates on their own campaigns. Essentially, the decision recognized money in politics as a form of free speech under the First Amendment. This ruling led to significant changes in campaign finance, emphasizing the importance of financial resources in political expression and the electoral process.