9
In maintaining this line between (i) contributions to
candidates or parties and (ii) expenditures, the Court has
acknowledged that a citizen’s or group’s large expenditure –
for example, in financing advertisements or get-out-the-vote
activities – may confer some benefit on a candidate and
thereby give influence to the spender. But the Court
nonetheless has consistently dismissed the notion that
expenditures implicate the anti-corruption interest. See
Buckley, 424 U.S. at 47 (expenditures not “a quid pro quo for
improper commitments from the candidate”); see also
McConnell, 540 U.S. at 153 (“mere political favoritism or
opportunity for influence alone is insufficient to justify
regulation”); id. at 156-57 n.51 (Congress could not regulate
talk show hosts or newspaper editors “on the sole basis that
their activities conferred a benefit on the candidate”);
NCPAC, 470 U.S. at 498 (“exchange of political favors for
uncoordinated expenditures remains a hypothetical possibility
and nothing more”).
Fifth, the Court has been somewhat more tolerant of
regulation of for-profit corporations and labor unions. The
Court has permitted statutory limits on contributions that forprofit corporations and unions make from their general
treasuries to candidates and parties.5 More controversially,
the Court has carved out a significant exception to Buckley’s
holding on expenditures: The Court has upheld laws that
prohibit for-profit corporations and unions from making
expenditures for activities expressly advocating the election
campaign finance statutes, this Court has repeatedly adhered to
Buckley’s constraints, including those on expenditure limits.”).
5
The Court also has ruled that the Government may bar
certain non-profit as well as for-profit corporations from making
direct contributions to candidates or parties. See FEC v. Beaumont,
539 U.S. 146, 159-60 (2003).