Buckley v. Valeo is a landmark Supreme Court case from 1976 that addressed the constitutionality of campaign finance laws in the United States. The Court ruled that while limits on individual contributions to political campaigns were constitutional, spending money to influence elections was a form of protected free speech under the First Amendment, thus striking down limits on independent expenditures by individuals and groups. This decision significantly shaped the role of money in American politics and the operation of interest groups.
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