The U.S. Supreme Court struck down a federal law Monday that capped the number of campaign dollars political candidates could use to repay themselves for money they personally loaned their campaigns, handing a victory to U.S. Sen. Ted Cruz, who challenged the law.
The nation's high court said in a 6-3 ruling that the 2002 law — which puts a cap of $250,000 raised after an election to pay back loans that candidates gave their own campaigns before election day — violated the First Amendment, with the majority opinion saying it "burdens core political speech without proper justification." The court's three liberal justices dissented.
