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Supreme Court Ruling On Campaign Ads Could Hurt GOP Sponsor's Bid

The ruling, which overturned a key provision of the McCain-Feingold campaign finance overhaul, may not even lead to more advertisements. As Justice David Souter pointed out in his dissent to the 5-4 decision, corporations and unions that want to run ads near an election may have already been able to do so via a legally separate political action committee.

So where does this decision make an impact? Probably on the race for the Republican presidential nomination. Only minutes after the ruling, Mitt Romney's campaign praised the decision in a press release that managed to mention John McCain, one of the chief sponsors of the struck-down provision, three times. "Today the Supreme Court reaffirmed the First Amendment by rejecting a key feature of McCain-Feingold," Romney said. "McCain-Feingold was a poorly-crafted bill."