Democrats plot bill to limit impact of court finance decision

Democratic leaders in Congress will move legislation to limit the impact of a decision made by the Supreme Court on Thursday to lift restrictions on corporate spending on elections.

Sen. Charles Schumer (D-N.Y.), chairman of the Senate Rules Committee and third-ranking member of the Senate Democratic leadership, said he would hold hearings to explore ways to limit corporate spending on elections.

Schumer said the plan is to pass legislation by Election Day.

Rep. Chris Van Hollen (Md.), chairman of the Democratic Congressional Campaign Committee, said a similar effort would be underway in the House.

Schumer said it would be difficult to pass legislation curbing corporations in the wake of the constitutional ruling but he said there are options.

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