04/26/2010 05:12 am ET | Updated May 25, 2011

Dodd Introduces Constitutional Amendment To Reverse Supreme Court Campaign Finance Decision

Sen. Chris Dodd (D-Conn.) introduced a constitutional amendment today to overrule a recent Supreme Court decision on campaign spending.

The court ruled 5-4 last month in Citizens United v. FEC that Congress cannot regulate independent expenditures by corporations and possibly labor unions. The ruling could dramatically increase third party spending on elections.

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