WASHINGTON -- The Supreme Court's conservative majority on Monday sided with Republican Sen. Ted Cruz of Texas in his challenge to a provision of federal campaign finance law, in a ruling that a dissenting justice said runs the risk of causing"further disrepute" to American politics.
Chief Justice John Roberts wrote for the majority that the provision"burdens core political speech without proper justification." The case may be important for some candidates for federal office who want to make large loans to their campaigns. But the administration has also said that the great majority of such loans are for less than $250,000 and therefore the provision Cruz challenged does not apply.
Cruz argued that makes candidates think twice about lending money because it substantially increases the risk that any candidate loan will never be fully repaid. A lower court had agreed the provision was unconstitutional.
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