Corporate Cash Floods US Congressional Elections

Big business and the wealthy are pouring unprecedented sums of money into the US congressional elections, according to data reported in the media over the past several days. While the lion’s share of the money is going to candidates of the Republican Party, Democrats are also raking in millions, underscoring the status of both parties as political instruments of the financial aristocracy.

Much of the spending is fueled by the Supreme Court decision in the Citizens United case, handed down in January, which reversed 80 years of precedent and declared that corporations—as well as labor unions—had the right to spend unlimited amounts of money on behalf of their favored candidates.'

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