Randall v. Sorrell

(Slip Opinion) OCTOBER TERM, 2005 1 Syllabus NOTE: Where it is feasible, a syllabus (headnote) will be released, as is being done in connection with this case, at the time the opinion is issued. The syllabus constitutes no part of the opinion of the Court but has been prepared by the Reporter of Decisions for the convenience of the reader. See United States v. Detroit Timber & Lumber Co., 200 U. S. 321, 337. SUPREME COURT OF THE UNITED STATES Syllabus RANDALL ET AL. v. SORRELL ET AL. CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT No. 04–1528. Argued February 28, 2006—Decided June 26, 2006* Vermont’s Act 64 stringently limits both the amounts that candidates for state office may spend on their campaigns and the amounts that individuals, organizations, and political parties may contribute to those campaigns. Soon after Act 64 became law, the petitioners— individuals who have run for state office, citizens who vote in state elections and contribute to campaigns, and political parties and committees participating in state politics—brought this suit against the respondents, state officials charged with enforcing the Act. The District Court held that Act 64’s expenditure limits violate the First Amendment, see Buckley v. Valeo, 424 U. S. 1, and that the Act’s lim its on political parties’ contributions to candidates were unconstitu tional, but found the other contribution limits constitutional. The Second Circuit held that all of the Act’s contribution limits are consti tutional, ruled that the expenditure limits may be constitutional be cause they are supported by compelling interests in preventing cor ruption or its appearance and in limiting the time state officials must spend raising campaign funds, and remanded for the District Court to determine whether the expenditure limits were narrowly tailored to those interests. Held: The judgment is reversed, and the cases are remanded. 382 F. 3d 91, reversed and remanded. JUSTICE BREYER, joined by THE CHIEF JUSTICE and JUSTICE ALITO, concluded in Parts I, II–B–3, III, and IV that both of Act 64’s sets of —————— * Together with No. 04–1530, Vermont Republican State Committee et al. v. Sorrell et al., and No. 04–1697, Sorrell et al. v. Randall et al., also on certiorari to the same court. 2 RANDALL v. SORRELL Syllabus limitations are inconsistent with the First Amendment. Pp. 6–8, 10– 29. 1. The expenditure limits violate the First Amendment’s free speech guarantees under Buckley. Pp. 6–8, 10–11. (a) In Buckley, the Court held, inter alia, that the Government’s asserted interest in preventing “corruption and the appearance of corruption,” 424 U. S., at 25, provided sufficient justification for the contribution limitations imposed on campaigns for federal office by the Federal Election Campaign Act of 1971, id., at 23–38, but that FECA’s expenditure limitations violated the First Amendment, id., at 39–59. The Court explained that the difference between the two kinds of limitations is that expenditure limits “impose significantly more severe restrictions on protected freedoms of political expression and association than” do contribution limits. Id., at 23. Contribution limits, though a “marginal restriction,” nevertheless leave the con tributor “fre[e] to discuss candidates and issues.” Id., at 20–21. Ex penditure limits, by contrast, impose “[a] restriction on the amount of money a person or group can spend on political communication,” id., at 19, and thereby necessarily “reduc[e] the quantity of expression by restricting the number of issues discussed, the depth of their explora tion, and the size of the audience reached,” ibid. For over 30 years, in considering the constitutionality of a host of campaign finance stat utes, this Court has adhered to Buckley’s constraints, including those on expenditure limits. See, e.g., McConnell v. Federal Election Comm’n, 540 U. S. 93, 134. Pp. 6–8. (b) The respondents argue unpersuasively that Buckley should be distinguished from the present cases on a ground they say Buckley did not consider: that expenditure limits help to protect candidates from spending too much time raising money rather than devoting that time to campaigning among ordinary voters. There is no signifi cant basis for that distinction. Act 64’s expenditure limits are not substantially different from those at issue in Buckley. Nor is Ver mont’s primary justification for imposing its expenditure limits sig nificantly different from Congress’ rationale for the Buckley limits: preventing corruption and its appearance. The respondents say un persuasively that, had the Buckley Court considered the time protec tion rationale for expenditure limits, the Court would have upheld those limits in the FECA. The Buckley Court, however, was aware of the connection between expenditure limits and a reduction in fund- raising time. And, in any event, the connection seems perfectly obvi ous. Under these circumstances, the respondents’ argument amounts to no more than an invitation so to limit Buckley’s holding as effec tively to overrule it. That invitation is declined. Pp. 10–11. 2. Act 64’s contribution limits violate the First Amendment because Cite as: 548 U. S. ____ (2006) 3 Syllabus those limits, in their specific details, burden protected interests in a manner disproportionate to the public purposes they were enacted to advance. Pp. 11–29. (a) In upholding the $1,000 contribution limit before it, the Buck ley Court recognized, inter alia, that such limits, unlike expenditure limits, “involv[e] little direct restraint on” the contributor’s speech, 424 U. S., at 21, and are permissible as long as the government dem onstrates that they are “closely drawn” to match a “sufficiently im portant interest,” id., at 25. It found that the interest there ad vanced, “prevent[ing] corruption” and its “appearance,” was “sufficiently important” to justify the contribution limits, id., at 25– 26, and that those limits were “closely drawn.” Although recognizing that, in determining whether a particular contribution limit was “closely drawn,” the amount, or level, of that limit could make a dif ference, see id., at 21, the Court added that such “distinctions in de gree become significant only when they . . . amount to differences in kind,” id., at 30. Pointing out that it had “no scalpel to probe, whether, say, a $2,000 ceiling might not serve as well as $1,000,” ibid., the Court found “no indication” that FECA’s contribution limi tations would have “any dramatic adverse effect on the funding of campaigns,” id., at 21. Since Buckley, the Court has consistently up held contribution limits in other statutes, but has recognized that such limits might sometimes work more harm to protected First Amendment interests than their anticorruption objectives could jus tify, see, e.g., Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 395–397. Pp. 12–13. (b) Although the Court has “no scalpel to probe,” 424 U. S., at 30, with exactitude whether particular contribution limits are too low and normally defers to the legislature in that regard, it must never theless recognize the existence of some lower bound, as Buckley ac knowledges. While the interests served by contribution limits, pre venting corruption and its appearance, “directly implicate the integrity of our electoral process,” McConnell, supra, at 136, that does not simply mean the lower the limit, the better. Contribution limits that are too low also can harm the electoral process by preventing challengers from mounting effective campaigns against incumbent of ficeholders, thereby reducing democratic accountability. Where there is strong indication in a particular case, i.e., danger signs, that such risks exist (both present in kind and likely serious in degree), courts, including appellate courts, must review the record independently and carefully with an eye toward assessing the statute’s “tailoring,” i.e., toward assessing the restrictions’ proportionality. See Bose Corp. v. Consumers Union of United States, Inc., 466 U. S. 485, 499. Danger signs that Act 64’s contribution limits may fall outside tolerable First 4 RANDALL v. SORRELL Syllabus Amendment limits are present here. They are substantially lower than both the limits the Court has previously upheld and the compa rable limits in force in other States. Consequently, the record must be examined to determine whether Act 64’s contribution limits are “closely drawn” to match the State’s interests. Pp. 13–19. (c) The record demonstrates that, from a constitutional perspec tive, Act 64’s contribution limits are too restrictive. Five sets of fac tors, taken together, lead to the conclusion that those limits are not narrowly tailored. First, the record suggests, though it does not con clusively prove, that Act 64’s contribution limits will significantly re strict the amount of funding available for challengers to run competi tive campaigns. Second, Act 64’s insistence that a political party and all of its affiliates together abide by exactly the same low $200 to $400 contribution limits that apply to individual contributors threat ens harm to a particularly important political right, the right to asso ciate in a political party. See, e.g., California Democratic Party v. Jones, 530 U. S. 567, 574. Although the Court upheld federal limits on political parties’ contributions to candidates in Federal Election Comm’n v. Colorado Republican Federal Campaign Comm., 533 U. S. 431, the limits there at issue were far less problematic, for they were significantly higher than Act 64’s limits, see, e.g., id., at 438–439, and n. 3, and they were much higher than the federal limits on contribu tions from individuals to candidates, see id., at 453. Third, Act 64’s treatment of volunteer services aggravates the problem. Although the Act excludes uncompensated volunteer services from its “contri bution” definition, it does not exclude the expenses volunteers incur, e.g., travel expenses, in the course of campaign activities. The com bination of very low contribution limits and the absence of an excep tion excluding volunteer expenses may well impede a campaign’s ability effectively to use volunteers, thereby making it more difficult for individuals to associate in this way. Cf. Buckley, supra, at 22. Fourth, unlike the contribution limits upheld in Shrink, Act 64’s lim its are not adjusted for inflation, but decline in real value each year. A failure to index limits means that limits already suspiciously low will almost inevitably become too low over time. Fifth, nowhere in the record is there any special justification for Act 64’s low and re strictive contribution limits. Rather, the basic justifications the State has advanced in support of such limits are those present in Buckley. Indeed, other things being equal, one might reasonably believe that a contribution of, say, $250 (or $450) to a candidate’s campaign was less likely to prove a corruptive force than the far larger contribu tions at issue in the other campaign finance cases the Court has con sidered. Pp. 19–28. (d) It is not possible to sever some of the Act’s contribution limit Cite as: 548 U. S. ____ (2006) 5 Syllabus provisions from others that might remain fully operative. Doing so would require the Court to write words into the statute (inflation in dexing), to leave gaping loopholes (no limits on party contributions), or to foresee which of many different possible ways the Vermont Leg islature might respond to the constitutional objections to Act 64. In these circumstances, the legislature likely would not have intended the Court to set aside the statute’s contribution limits. The legisla ture is free to rewrite those provisions to address the constitutional difficulties here identified. Pp. 28–29. JUSTICE BREYER, joined by THE CHIEF JUSTICE in Parts II–B–1 and II–B–2, rejected the respondents’ argument that Buckley should, in effect, be overruled because subsequent experience has shown that contribution limits alone cannot effectively deter corruption or its ap pearance. Stare decisis, the basic legal principle commanding judicial respect for a court’s earlier decisions and their rules of law, prevents the overruling of Buckley. Adherence to precedent is the norm; de parture from it is exceptional, requiring “special justification,” Ari zona v. Rumsey, 467 U. S. 203, 212, especially where, as here, the principle at issue has become settled through iteration and reitera tion over a long period. There is no special justification here. Subse quent case law has not made Buckley a legal anomaly or otherwise undermined its basic legal principles. Cf. Dickerson v. United States, 530 U. S. 428, 443. Nor is there any demonstration that circum stances have changed so radically as to undermine Buckley’s critical factual assumptions. The respondents have not shown, for example, any dramatic increase in corruption or its appearance in Vermont; nor have they shown that expenditure limits are the only way to at tack that problem. Cf. McConnell, supra. Finally, overruling Buckley now would dramatically undermine the considerable reliance that Congress and state legislatures have placed upon it in drafting cam paign finance laws. And this Court has followed Buckley, upholding and applying its reasoning in later cases. Pp. 8–10. JUSTICE ALITO agreed that Act 64’s expenditure and contribution limits violate the First Amendment, but concluded that respondents’ backup argument asking this Court to revisit Buckley v. Valeo, 424 U. S. 1, need not be reached because they have failed to address consid erations of stare decisis. Pp. 1–2. JUSTICE KENNEDY agreed that Vermont’s limitations on campaign expenditures and contributions violate the First Amendment, but concluded that, given his skepticism regarding this Court’s campaign finance jurisprudence, see, e.g., McConnell v. Federal Election Comm’n, 540 U. S. 93, 286–287, 313, it is appropriate for him to con cur only in the judgment. Pp. 1–3. JUSTICE THOMAS, joined by JUSTICE SCALIA, agreed that Vermont’s 6 RANDALL v. SORRELL Syllabus Act 64 is unconstitutional, but disagreed with the plurality’s ration ale for striking down that statute. Buckley v. Valeo, 424 U. S. 1, pro vides insufficient protection to political speech, the core of the First Amendment, is therefore illegitimate and not protected by stare de cisis, and should be overruled and replaced with a standard faithful to the Amendment. This Court erred in Buckley when it distin guished between contribution and expenditure limits, finding the former to be a less severe infringement on First Amendment rights. See, e.g., Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 410–418. Both the contribution and expenditure restrictions of Act 64 should be subjected to strict scrutiny, which they would fail. See, e.g., Colorado Republican Federal Campaign Comm. v. Federal Election Comm’n, 518 U. S. 604, 640–641. Pp. 1–10. BREYER, J., announced the judgment of the Court and delivered an opinion, in which ROBERTS, C. J., joined, and in which ALITO, J., joined as to all but Parts II–B–1 and II–B–2. ALITO, J., filed an opinion con curring in part and concurring in the judgment. KENNEDY, J., filed an opinion concurring in the judgment. THOMAS, J., filed an opinion con curring in the judgment, in which SCALIA, J., joined. STEVENS, J., filed a dissenting opinion. SOUTER, J., filed a dissenting opinion, in which GINSBURG, J., joined, and in which STEVENS, J., joined as to Parts II and III. Cite as: 548 U. S. ____ (2006) 1 Opinion of BREYER, J. NOTICE: This opinion is subject to formal revision before publication in the preliminary print of the United States Reports. Readers are requested to notify the Reporter of Decisions, Supreme Court of the United States, Wash ington, D. C. 20543, of any typographical or other formal errors, in order that corrections may be made before the preliminary print goes to press. SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE BREYER announced the judgment of the Court, and delivered an opinion in which THE CHIEF JUSTICE joins, and in which JUSTICE ALITO joins except as to Parts II–B–1 and II–B–2. We here consider the constitutionality of a Vermont campaign finance statute that limits both (1) the amounts that candidates for state office may spend on their cam paigns (expenditure limitations) and (2) the amounts that individuals, organizations, and political parties may con tribute to those campaigns (contribution limitations). Vt. Stat. Ann., Tit. 17, §2801 et seq. (2002). We hold that both 2 RANDALL v. SORRELL Opinion of BREYER, J. sets of limitations are inconsistent with the First Amend ment. Well-established precedent makes clear that the expenditure limits violate the First Amendment. Buckley v. Valeo, 424 U. S. 1, 54–58 (1976) (per curiam). The contribution limits are unconstitutional because in their specific details (involving low maximum levels and other restrictions) they fail to satisfy the First Amendment’s requirement of careful tailoring. Id., at 25–30. That is to say, they impose burdens upon First Amendment interests that (when viewed in light of the statute’s legitimate objectives) are disproportionately severe. I A Prior to 1997, Vermont’s campaign finance law imposed no limit upon the amount a candidate for state office could spend. It did, however, impose limits upon the amounts that individuals, corporations, and political committees could contribute to the campaign of such a candidate. Individuals and corporations could contribute no more than $1,000 to any candidate for state office. §2805(a) (1996). Political committees, excluding political parties, could contribute no more than $3,000. §2805(b). The statute imposed no limit on the amount that political parties could contribute to candidates. In 1997, Vermont enacted a more stringent campaign finance law, Pub. Act No. 64, codified at Vt. Stat. Ann., Tit. 17, §2801 et seq. (2002) (hereinafter Act or Act 64), the statute at issue here. Act 64, which took effect immedi ately after the 1998 elections, imposes mandatory expen diture limits on the total amount a candidate for state office can spend during a “two-year general election cycle,” i.e., the primary plus the general election, in approxi mately the following amounts: governor, $300,000; lieu tenant governor, $100,000; other statewide offices, $45,000; state senator, $4,000 (plus an additional $2,500 Cite as: 548 U. S. ____ (2006) 3 Opinion of BREYER, J. for each additional seat in the district); state representa tive (two-member district), $3,000; and state representa tive (single member district), $2,000. §2805a(a). These limits are adjusted for inflation in odd-numbered years based on the Consumer Price Index. §2805a(e). Incum bents seeking reelection to statewide office may spend no more than 85% of the above amounts, and incumbents seeking reelection to the State Senate or House may spend no more than 90% of the above amounts. §2805a(c). The Act defines “[e]xpenditure” broadly to mean the “payment, disbursement, distribution, advance, de posit, loan or gift of money or anything of value, paid or promised to be paid, for the purpose of influencing an election, advocating a position on a public question, or supporting or opposing one or more candidates.” §2801(3). With certain minor exceptions, expenditures over $50 made on a candidate’s behalf by others count against the candidate’s expenditure limit if those expenditures are “intentionally facilitated by, solicited by or approved by” the candidate’s campaign. §§2809(b), (c). These provi sions apply so as to count against a campaign’s expendi ture limit any spending by political parties or committees that is coordinated with the campaign and benefits the candidate. And any party expenditure that “primarily benefits six or fewer candidates who are associated with the political party” is “presumed” to be coordinated with the campaign and therefore to count against the cam paign’s expenditure limit. §§2809(b), (d). Act 64 also imposes strict contribution limits. The amount any single individual can contribute to the cam paign of a candidate for state office during a “two-year general election cycle” is limited as follows: governor, lieutenant governor, and other statewide offices, $400; state senator, $300; and state representative, $200. 4 RANDALL v. SORRELL Opinion of BREYER, J. §2805(a). Unlike its expenditure limits, Act 64’s contribu tion limits are not indexed for inflation. A political committee is subject to these same limits. Ibid. So is a political party, ibid., defined broadly to in clude “any subsidiary, branch or local unit” of a party, as well as any “national or regional affiliates” of a party (taken separately or together). §2801(5). Thus, for exam ple, the statute treats the local, state, and national affili ates of the Democratic Party as if they were a single entity and limits their total contribution to a single candidate’s campaign for governor (during the primary and the gen eral election together) to $400. The Act also imposes a limit of $2,000 upon the amount any individual can give to a political party during a 2-year general election cycle. §2805(a). The Act defines “contribution” broadly in approximately the same way it defines “expenditure.” §2801(2). Any expenditure made on a candidate’s behalf counts as a contribution to the candidate if it is “intentionally facili tated by, solicited by or approved by” the candidate. §§2809(a), (c). And a party expenditure that “primarily benefits six or fewer candidates who are associated with the” party is “presumed” to count against the party’s contribution limits. §§2809(a), (d). There are a few exceptions. A candidate’s own contribu tions to the campaign and those of the candidate’s family fall outside the contribution limits. §2805(f). Volunteer services do not count as contributions. §2801(2). Nor does the cost of a meet-the-candidate function, provided that the total cost for the function amounts to $100 or less. §2809(d). In addition to these expenditure and contribution limits, the Act sets forth disclosure and reporting requirements and creates a voluntary public financing system for gu bernatorial elections. §§2803, 2811, 2821–2823, 2831, 2832, 2851–2856. None of these is at issue here. The Act Cite as: 548 U. S. ____ (2006) 5 Opinion of BREYER, J. also limits the amount of contributions a candidate, politi cal committee, or political party can receive from out-of state sources. §2805(c). The lower courts held these out- of-state contribution limits unconstitutional, and the parties do not challenge that holding. B The petitioners are individuals who have run for state office in Vermont, citizens who vote in Vermont elections and contribute to Vermont campaigns, and political par ties and committees that participate in Vermont politics. Soon after Act 64 became law, they brought this lawsuit in Federal District Court against the respondents, state officials charged with enforcement of the Act. Several other private groups and individual citizens intervened in the District Court proceedings in support of the Act and are joined here as respondents as well. The District Court agreed with the petitioners that the Act’s expenditure limits violate the First Amendment. See Buckley, 424 U. S. 1. The court also held unconstitutional the Act’s limits on the contributions of political parties to candidates. At the same time, the court found the Act’s other contribution limits constitutional. Landell v. Sorrell, 118 F. Supp. 2d 470 (Vt. 2000). Both sides appealed. A divided panel of the Court of Appeals for the Second Circuit held that all of the Act’s contribution limits are constitutional. It also held that the Act’s expenditure limits may be constitutional. Landell v. Sorrell, 382 F. 3d 91 (2004). It found those limits sup ported by two compelling interests, namely, an interest in preventing corruption or the appearance of corruption and an interest in limiting the amount of time state officials must spend raising campaign funds. The Circuit then remanded the case to the District Court with instructions to determine whether the Act’s expenditure limits were narrowly tailored to those interests. 6 RANDALL v. SORRELL Opinion of BREYER, J. The petitioners and respondents all sought certiorari. They asked us to consider the constitutionality of Act 64’s expenditure limits, its contribution limits, and a related definitional provision. We agreed to do so. 545 U. S. ___ (2005). II We turn first to the Act’s expenditure limits. Do those limits violate the First Amendment’s free speech guarantees? A In Buckley v. Valeo, supra, the Court considered the constitutionality of the Federal Election Campaign Act of 1971 (FECA), 86 Stat. 3, as amended, 2 U. S. C. §431 et seq., a statute that, much like the Act before us, imposed both expenditure and contribution limitations on cam paigns for public office. The Court, while upholding FECA’s contribution limitations as constitutional, held that the statute’s expenditure limitations violated the First Amendment. Buckley stated that both kinds of limitations “implicate fundamental First Amendment interests.” 424 U. S., at 23. It noted that the Government had sought to justify the statute’s infringement on those interests in terms of the need to prevent “corruption and the appearance of corrup tion.” Id., at 25; see also id., at 55. In the Court’s view, this rationale provided sufficient justification for the statute’s contribution limitations, but it did not provide sufficient justification for the expenditure limitations. The Court explained that the basic reason for this dif ference between the two kinds of limitations is that ex penditure limitations “impose significantly more severe restrictions on protected freedoms of political expression and association than” do contribution limitations. Id., at 23. Contribution limitations, though a “marginal restric Cite as: 548 U. S. ____ (2006) 7 Opinion of BREYER, J. tion upon the contributor’s ability to engage in free com munication,” nevertheless leave the contributor “fre[e] to discuss candidates and issues.” Id., at 20–21. Expendi ture limitations, by contrast, impose “[a] restriction on the amount of money a person or group can spend on political communication during a campaign.” Id., at 19. They thereby necessarily “reduc[e] the quantity of expression by restricting the number of issues discussed, the depth of their exploration, and the size of the audience reached.” Ibid. Indeed, the freedom “to engage in unlimited political expression subject to a ceiling on expenditures is like being free to drive an automobile as far and as often as one desires on a single tank of gasoline.” Id., at 19, n. 18. The Court concluded that “[n]o governmental interest that has been suggested is sufficient to justify the restric tion on the quantity of political expression imposed by” the statute’s expenditure limitations. Id., at 55. It decided that the Government’s primary justification for expendi ture limitations, preventing corruption and its appear ance, was adequately addressed by the Act’s contribution limitations and disclosure requirements. Ibid. The Court also considered other governmental interests advanced in support of expenditure limitations. It rejected each. Id., at 56–57. Consequently, it held that the expenditure limitations were “constitutionally invalid.” Id., at 58. Over the last 30 years, in considering the constitutional ity of a host of different campaign finance statutes, this Court has repeatedly adhered to Buckley’s constraints, including those on expenditure limits. See McConnell v. Federal Election Comm’n, 540 U. S. 93, 134 (2003); Fed eral Election Comm’n v. Colorado Republican Federal Campaign Comm., 533 U. S. 431, 441 (2001) (Colorado II); Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 386 (2000) (Shrink); Colorado Republican Federal Cam paign Comm. v. Federal Election Comm’n, 518 U. S. 604, 610 (1996) (Colorado I) (plurality opinion); Federal Elec 8 RANDALL v. SORRELL Opinion of BREYER, J. tion Comm’n v. Massachusetts Citizens for Life, Inc., 479 U. S. 238, 259–260 (1986); Federal Election Comm’n v. National Conservative Political Action Comm., 470 U. S. 480, 491 (1985) (NCPAC); California Medical Assn. v. Federal Election Comm’n, 453 U. S. 182, 194–195 (1981) (plurality opinion). B 1 The respondents recognize that, in respect to expendi ture limits, Buckley appears to be a controlling—and unfavorable—precedent. They seek to overcome that precedent in two ways. First, they ask us in effect to overrule Buckley. Post-Buckley experience, they believe, has shown that contribution limits (and disclosure re quirements) alone cannot effectively deter corruption or its appearance; hence experience has undermined an assump tion underlying that case. Indeed, the respondents have devoted several pages of their briefs to attacking Buckley’s holding on expenditure limits. See Brief for Respondent- Cross-Petitioner Vermont Public Interest Research Group et al. 36–39 (arguing that “sound reasons exist to revisit the applicable standard of review” for expenditure limits); Brief for Respondent-Cross-Petitioner William Sorrell et al. 28–31 (arguing that “the Court should revisit Buck ley and consider alternative constitutional approaches to spending limits”). Second, in the alternative, they ask us to limit the scope of Buckley significantly by distinguishing Buckley from the present case. They advance as a ground for distinction a justification for expenditure limitations that, they say, Buckley did not consider, namely that such limits help to protect candidates from spending too much time raising money rather than devoting that time to campaigning among ordinary voters. We find neither argument persuasive. Cite as: 548 U. S. ____ (2006) 9 Opinion of BREYER, J. 2 The Court has often recognized the “fundamental impor tance” of stare decisis, the basic legal principle that com mands judicial respect for a court’s earlier decisions and the rules of law they embody. See Harris v. United States, 536 U. S. 545, 556–557 (2002) (plurality opinion) (citing numerous cases). The Court has pointed out that stare decisis “ ‘promotes the evenhanded, predictable, and con sistent development of legal principles, fosters reliance on judicial decisions, and contributes to the actual and per ceived integrity of the judicial process.’ ” United States v. International Business Machines Corp., 517 U. S. 843, 856 (1996) (quoting Payne v. Tennessee, 501 U. S. 808, 827 (1991)). Stare decisis thereby avoids the instability and unfairness that accompany disruption of settled legal expectations. For this reason, the rule of law demands that adhering to our prior case law be the norm. Depar ture from precedent is exceptional, and requires “special justification.” Arizona v. Rumsey, 467 U. S. 203, 212 (1984). This is especially true where, as here, the princi ple has become settled through iteration and reiteration over a long period of time. We can find here no such special justification that would require us to overrule Buckley. Subsequent case law has not made Buckley a legal anomaly or otherwise under mined its basic legal principles. Cf. Dickerson v. United States, 530 U. S. 428, 443 (2000). We cannot find in the respondents’ claims any demonstration that circumstances have changed so radically as to undermine Buckley’s critical factual assumptions. The respondents have not shown, for example, any dramatic increase in corruption or its appearance in Vermont; nor have they shown that expenditure limits are the only way to attack that prob lem. Cf. McConnell v. FEC, 540 U. S. 93. At the same time, Buckley has promoted considerable reliance. Con gress and state legislatures have used Buckley when 10 RANDALL v. SORRELL Opinion of BREYER, J. drafting campaign finance laws. And, as we have said, this Court has followed Buckley, upholding and applying its reasoning in later cases. Overruling Buckley now would dramatically undermine this reliance on our settled precedent. For all these reasons, we find this a case that fits the stare decisis norm. And we do not perceive the strong justification that would be necessary to warrant overrul ing so well established a precedent. We consequently decline the respondents’ invitation to reconsider Buckley. 3 The respondents also ask us to distinguish these cases from Buckley. But we can find no significant basis for that distinction. Act 64’s expenditure limits are not substan tially different from those at issue in Buckley. In both instances the limits consist of a dollar cap imposed upon a candidate’s expenditures. Nor is Vermont’s primary justi fication for imposing its expenditure limits significantly different from Congress’ rationale for the Buckley limits: preventing corruption and its appearance. The sole basis on which the respondents seek to distin guish Buckley concerns a further supporting justification. They argue that expenditure limits are necessary in order to reduce the amount of time candidates must spend raising money. Brief for Respondent/Cross-Petitioner Vermont Public Interest Research Group et al. 16–20; Brief for Respondent/Cross-Petitioner William H. Sorrell et al. 22–25. Increased campaign costs, together with the fear of a better-funded opponent, mean that, without expenditure limits, a candidate must spend too much time raising money instead of meeting the voters and engaging in public debate. Buckley, the respondents add, did not fully consider this justification. Had it done so, they say, the Court would have upheld, not struck down, FECA’s expenditure limits. Cite as: 548 U. S. ____ (2006) 11 Opinion of BREYER, J. In our view, it is highly unlikely that fuller considera tion of this time protection rationale would have changed Buckley’s result. The Buckley Court was aware of the connection between expenditure limits and a reduction in fundraising time. In a section of the opinion dealing with FECA’s public financing provisions, it wrote that Congress was trying to “free candidates from the rigors of fundrais ing.” 424 U. S., at 91; see also id., at 96 (“[L]imits on contributions necessarily increase the burden of fundrais ing,” and “public financing” was designed in part to relieve Presidential candidates “from the rigors of soliciting pri vate contributions”); id., at 258–259 (White, J., concurring in part and dissenting in part) (same). The Court of Ap peals’ opinion and the briefs filed in this Court pointed out that a natural consequence of higher campaign expendi tures was that “candidates were compelled to allow to fund raising increasing and extreme amounts of money and energy.” Buckley v. Valeo, 519 F. 2d 821, 838 (CADC 1975); see also Brief for United States et al. as Amici Curiae in Buckley v. Valeo, O. T. 1975, Nos. 75–436 and 75–437, p. 36 (“Fund raising consumes candidate time that otherwise would be devoted to campaigning”). And, in any event, the connection between high campaign ex penditures and increased fundraising demands seems perfectly obvious. Under these circumstances, the respondents’ argument amounts to no more than an invitation so to limit Buck ley’s holding as effectively to overrule it. For the reasons set forth above, we decline that invitation as well. And, given Buckley’s continued authority, we must con clude that Act 64’s expenditure limits violate the First Amendment. III We turn now to a more complex question, namely the constitutionality of Act 64’s contribution limits. The par 12 RANDALL v. SORRELL Opinion of BREYER, J. ties, while accepting Buckley’s approach, dispute whether, despite Buckley’s general approval of statutes that limit campaign contributions, Act 64’s contribution limits are so severe that in the circumstances its particular limits violate the First Amendment. A As with the Act’s expenditure limits, we begin with Buckley. In that case, the Court upheld the $1,000 contri bution limit before it. Buckley recognized that contribu tion limits, like expenditure limits, “implicate fundamen tal First Amendment interests,” namely, the freedoms of “political expression” and “political association.” 424 U. S., at 15, 23. But, unlike expenditure limits (which “necessar ily reduc[e] the quantity of expression by restricting the number of issues discussed, the depth of their exploration, and the size of the audience reached,” id., at 19), contribu tion limits “involv[e] little direct restraint on” the con tributor’s speech, id., at 21. They do restrict “one aspect of the contributor’s freedom of political association,” namely, the contributor’s ability to support a favored candidate, but they nonetheless “permi[t] the symbolic expression of support evidenced by a contribution,” and they do “not in any way infringe the contributor’s freedom to discuss candidates and issues.” Id., at 21, 24. Consequently, the Court wrote, contribution limitations are permissible as long as the Government demonstrates that the limits are “closely drawn” to match a “sufficiently important interest.” Id., at 25. It found that the interest advanced in the case, “prevent[ing] corruption” and its “appearance,” was “sufficiently important” to justify the statute’s contribution limits. Id., at 25–26. The Court also found that the contribution limits before it were “closely drawn.” It recognized that, in determining whether a particular contribution limit was “closely drawn,” the amount, or level, of that limit could make a Cite as: 548 U. S. ____ (2006) 13 Opinion of BREYER, J. difference. Indeed, it wrote that “contribution restrictions could have a severe impact on political dialogue if the limitations prevented candidates and political committees from amassing the resources necessary for effective advo cacy.” Id., at 21. But the Court added that such “distinc tions in degree become significant only when they can be said to amount to differences in kind.” Id., at 30. Pointing out that it had “no scalpel to probe, whether, say, a $2,000 ceiling might not serve as well as $1,000,” ibid., the Court found “no indication” that the $1,000 contribution limita tions imposed by the Act would have “any dramatic ad verse effect on the funding of campaigns,” id., at 21. It therefore found the limitations constitutional. Since Buckley, the Court has consistently upheld contri bution limits in other statutes. Shrink, 528 U. S. 377 ($1075 limit on contributions to candidates for Missouri state auditor); California Medical Assn., 453 U. S. 182 ($5,000 limit on contributions to multicandidate political committees). The Court has recognized, however, that contribution limits might sometimes work more harm to protected First Amendment interests than their anticor ruption objectives could justify. See Shrink, supra, at 395–397; Buckley, supra, at 21. And individual Members of the Court have expressed concern lest too low a limit magnify the “reputation-related or media-related advan tages of incumbency and thereby insulat[e] legislators from effective electoral challenge.” Shrink, supra, at 403– 404 (BREYER, J., joined by GINSBURG, J., concurring). In the cases before us, the petitioners challenge Act 64’s contribution limits on that basis. B Following Buckley, we must determine whether Act 64’s contribution limits prevent candidates from “amassing the resources necessary for effective [campaign] advocacy,” 424 U. S., at 21; whether they magnify the advantages of 14 RANDALL v. SORRELL Opinion of BREYER, J. incumbency to the point where they put challengers to a significant disadvantage; in a word, whether they are too low and too strict to survive First Amendment scrutiny. In answering these questions, we recognize, as Buckley stated, that we have “no scalpel to probe” each possible contribution level. Id., at 30. We cannot determine with any degree of exactitude the precise restriction necessary to carry out the statute’s legitimate objectives. In practice, the legislature is better equipped to make such empirical judgments, as legislators have “particular expertise” in matters related to the costs and nature of running for office. McConnell, 540 U. S., at 137. Thus ordinarily we have deferred to the legislature’s determination of such matters. Nonetheless, as Buckley acknowledged, we must recog nize the existence of some lower bound. At some point the constitutional risks to the democratic electoral process become too great. After all, the interests underlying con tribution limits, preventing corruption and the appearance of corruption, “directly implicate the integrity of our elec toral process.” McConnell, supra, at 136 (internal quota tion marks omitted). Yet that rationale does not simply mean “the lower the limit, the better.” That is because contribution limits that are too low can also harm the electoral process by preventing challengers from mounting effective campaigns against incumbent officeholders, thereby reducing democratic accountability. Were we to ignore that fact, a statute that seeks to regulate campaign contributions could itself prove an obstacle to the very electoral fairness it seeks to promote. Thus, we see no alternative to the exercise of independent judicial judg ment as a statute reaches those outer limits. And, where there is strong indication in a particular case, i.e., danger signs, that such risks exist (both present in kind and likely serious in degree), courts, including appellate courts, must review the record independently and carefully with an eye Cite as: 548 U. S. ____ (2006) 15 Opinion of BREYER, J. toward assessing the statute’s “tailoring,” that is, toward assessing the proportionality of the restrictions. See Bose Corp. v. Consumers Union of United States, Inc., 466 U. S. 485, 499 (1984) (“[A]n appellate court has an obligation to ‘make an independent examination of the whole record’ in order to make sure that ‘the judgment does not constitute a forbidden intrusion on the field of free expression’ ” (quoting New York Times Co. v. Sullivan, 376 U. S. 254, 284–286 (1964))). We find those danger signs present here. As compared with the contribution limits upheld by the Court in the past, and with those in force in other States, Act 64’s limits are sufficiently low as to generate suspicion that they are not closely drawn. The Act sets its limits per election cycle, which includes both a primary and a gen eral election. Thus, in a gubernatorial race with both primary and final election contests, the Act’s contribution limit amounts to $200 per election per candidate (with significantly lower limits for contributions to candidates for State Senate and House of Representatives, see supra, at 3). These limits apply both to contributions from indi viduals and to contributions from political parties, whether made in cash or in expenditures coordinated (or presumed to be coordinated) with the candidate. See supra, at 3–4. These limits are well below the limits this Court upheld in Buckley. Indeed, in terms of real dollars (i.e., adjusting for inflation), the Act’s $200 per election limit on individ ual contributions to a campaign for governor is slightly more than one-twentieth of the limit on contributions to campaigns for federal office before the Court in Buckley. Adjusted to reflect its value in 1976 (the year Buckley was decided), Vermont’s contribution limit on campaigns for statewide office (including governor) amounts to $113.91 per 2-year election cycle, or roughly $57 per election, as compared to the $1,000 per election limit on individual 16 RANDALL v. SORRELL Opinion of BREYER, J. contributions at issue in Buckley. (The adjusted value of Act 64’s limit on contributions from political parties to candidates for statewide office, again $200 per candidate per election, is just over one one-hundredth of the compa rable limit before the Court in Buckley, $5,000 per elec tion.) Yet Vermont’s gubernatorial district—the entire State—is no smaller than the House districts to which Buckley’s limits applied. In 1976, the average congres sional district contained a population of about 465,000. Dept. of Commerce, Bureau of Census, Statistical Abstract of the United States 459 (1976) (Statistical Abstract) (describing results of 1970 census). Indeed, Vermont’s population is 621,000—about one-third larger. Statistical Abstract 21 (2006) (describing Vermont’s population in 2004). Moreover, considered as a whole, Vermont’s contribution limits are the lowest in the Nation. Act 64 limits contribu tions to candidates for statewide office (including gover nor) to $200 per candidate per election. We have found no State that imposes a lower per election limit. Indeed, we have found only seven States that impose limits on contri butions to candidates for statewide office at or below $500 per election, more than twice Act 64’s limit. Cf. Ariz. Rev. Stat. Ann. §16–905 (West Cum. Supp. 2005) ($760 per election cycle, or $380 per election, adjusted for inflation); Colo. Const., Art. XXVIII, §3 ($500 per election, adjusted for inflation); Fla. Stat. §106.08(1)(a) (2003) ($500 per election); Me. Rev. Stat. Ann., Tit. 21A, §1015(1) (1993) ($500 for governor, $250 for other statewide office, per election); Mass. Gen. Laws, ch. 55, §7A (West Supp. 2006) ($500 per year, or $250 per election); Mont. Code Ann. §13–37–216(1)(a) (2005) ($500 for governor, $250 for other statewide office, per election); S. D. Codified Laws §12–25– 1.1 (2004) ($1,000 per year, or $500 per election). We are aware of no State that imposes a limit on contributions from political parties to candidates for statewide office Cite as: 548 U. S. ____ (2006) 17 Opinion of BREYER, J. lower than Act 64’s $200 per candidate per election limit. Cf. Me. Rev. Stat. Ann., Tit. 21A, §1015(1) (1993) (next lowest: $500 for contribution from party to candidate for governor, $250 for contribution from party to candidate for other statewide office, both per election). Similarly, we have found only three States that have limits on contribu tions to candidates for state legislature below Act 64’s $150 and $100 per election limits. Ariz. Rev. Stat. Ann. §16–905 (West Cum. Supp. 2005) ($296 per election cycle, or $148 per election); Mont. Code Ann. §13–37–216(1)(a) (2005) ($130 per election); S. D. Codified Laws §12–25–1.1 (2004) ($250 per year, or $125 per election). And we are aware of no State that has a lower limit on contributions from political parties to state legislative candidates. Cf. Me. Rev. Stat. Ann., Tit. 21A, §1015(1) (1993) (next lowest: $250 per election). Finally, Vermont’s limit is well below the lowest limit this Court has previously upheld, the limit of $1,075 per election (adjusted for inflation every two years, see Mo. Rev. Stat. §130.032.2 (1998 Cum. Supp.)) for candidates for Missouri state auditor. Shrink, 528 U. S. 377. The comparable Vermont limit of roughly $200 per election, not adjusted for inflation, is less than one-sixth of Mis souri’s current inflation-adjusted limit ($1,275). We recognize that Vermont’s population is much smaller than Missouri’s. Indeed, Vermont is about one-ninth of the size of Missouri. Statistical Abstract 21 (2006). Thus, per citizen, Vermont’s limit is slightly more generous. As of 2006, the ratio of the contribution limit to the size of the constituency in Vermont is .00064, while Missouri’s ratio is .00044, 31% lower. Cf. App. 55 (doing same calculation in 2000). But this does not necessarily mean that Vermont’s limits are less objectionable than the limit upheld in Shrink. A campaign for state auditor is likely to be less costly than a campaign for governor; campaign costs do 18 RANDALL v. SORRELL Opinion of BREYER, J. not automatically increase or decrease in precise propor tion to the size of an electoral district. See App. 66 (1998 winning candidate for Vermont state auditor spent about $60,000; winning candidate for governor spent about $340,000); Opensecrets.org, The Big Picture, 2004 Cycle: Hot Races, available at http://www.opensecrets.org/ bigpicture/hotraces.asp?cycle=2004 (as visited June 22, 2006, and available in Clerk of Court’s case file) (U. S. Senate campaigns identified as competitive spend less per voter than U. S. House campaigns identified as competi tive). Moreover, Vermont’s limits, unlike Missouri’s lim its, apply in the same amounts to contributions made by political parties. Mo. Rev. Stat. §130.032.4 (2000) (enact ing limits on contributions from political parties to candi dates 10 times higher than limits on contributions from individuals). And, as we have said, Missouri’s (current) $1,275 per election limit, unlike Vermont’s $200 per elec tion limit, is indexed for inflation. See supra, at 17; see also Mo. Rev. Stat. §130.032.2 (2000). The factors we have mentioned offset any neutralizing force of population differences. At the very least, they make it difficult to treat Shrink’s (then) $1,075 limit as providing affirmative support for the lawfulness of Ver mont’s far lower levels. Cf. 528 U. S., at 404 (BREYER, J., concurring) (The Shrink “limit . . . is low enough to raise . . . a [significant constitutional] question”). And even were that not so, Vermont’s failure to index for inflation means that Vermont’s levels would soon be far lower than Missouri’s regardless of the method of comparison. In sum, Act 64’s contribution limits are substantially lower than both the limits we have previously upheld and comparable limits in other States. These are danger signs that Act 64’s contribution limits may fall outside tolerable First Amendment limits. We consequently must examine the record independently and carefully to determine whether Act 64’s contribution limits are “closely drawn” to Cite as: 548 U. S. ____ (2006) 19 Opinion of BREYER, J. match the State’s interests. C Our examination of the record convinces us that, from a constitutional perspective, Act 64’s contribution limits are too restrictive. We reach this conclusion based not merely on the low dollar amounts of the limits themselves, but also on the statute’s effect on political parties and on volunteer activity in Vermont elections. Taken together, Act 64’s substantial restrictions on the ability of candi dates to raise the funds necessary to run a competitive election, on the ability of political parties to help their candidates get elected, and on the ability of individual citizens to volunteer their time to campaigns show that the Act is not closely drawn to meet its objectives. In particular, five factors together lead us to this decision. First, the record suggests, though it does not conclu sively prove, that Act 64’s contribution limits will signifi cantly restrict the amount of funding available for chal lengers to run competitive campaigns. For one thing, the petitioners’ expert, Clark Bensen, conducted a race-by race analysis of the 1998 legislative elections (the last to take place before Act 64 took effect) and concluded that Act 64’s contribution limits would have reduced the funds available in 1998 to Republican challengers in competitive races in amounts ranging from 18% to 53% of their total campaign income. See 3 Tr. 52–57 (estimating loss of 47% of funds for candidate Tully, 50% for Harvey, 53% for Welch, 19% for Bahre, 29% for Delaney, 36% for LaRoc que, 18% for Smith, and 31% for Brown). For another thing, the petitioners’ expert witnesses produced evidence and analysis showing that Vermont political parties (particularly the Republican Party) “tar get” their contributions to candidates in competitive races, that those contributions represent a significant amount of total candidate funding in such races, and that the contri 20 RANDALL v. SORRELL Opinion of BREYER, J. bution limits will cut the parties’ contributions to competi tive races dramatically. See 1 id., at 189–190; 3 id., at 50– 51; 8 id., at 139; 10 id., at 150; see also, e.g., Gierzynski & Breaux, The Role of Parties in Legislative Campaign Financing, 15 Am. Rev. Politics 171 (1994); Thompson, Cassie, & Jewell, A Sacred Cow or Just a Lot of Bull? Party and PAC Money in State Legislative Elections, 47 Pol. Sci. Q. 223 (1994). Their statistics showed that the party contributions accounted for a significant percentage of the total campaign income in those races. And their studies showed that Act 64’s contribution limits would cut the party contributions by between 85% (for the legisla ture on average) and 99% (for governor). More specifically, Bensen pointed out that in 1998, the Republican Party made contributions to 19 Senate cam paigns in amounts that averaged $2,001, which on average represented 16% of the recipient campaign’s total income. 3 Tr. 84. Act 64 would reduce these contributions to $300 per campaign, an average reduction of about 85%. Ibid. The party contributed to 50 House campaigns in amounts averaging $787, which on average represented 28% of the recipient campaign’s total income. Id., at 85. Act 64 would reduce these contributions to $200 per campaign, an average reduction of 74.5%. Ibid. And the party con tributed $40,600 to its gubernatorial candidate, an amount that accounted for about 16% of the candidate’s funding. Id., at 86. The Act would have reduced that contribution by 99%, to $400. Bensen added that 57% of all 1998 Senate campaigns and 30% of all House campaigns exceeded Act 64’s expen diture limits, which were enacted along with the statute’s contribution limits. 7 Trial Exhs. in No. 00–9159(L) etc. (CA2), Exh. 8, p. 2351. Moreover, 27% of all Senate cam paigns and 10% of all House campaigns spent more than double those limits. Ibid. Cite as: 548 U. S. ____ (2006) 21 Opinion of BREYER, J. The respondents did not contest these figures. Rather, they presented evidence that focused, not upon strongly contested campaigns, but upon the funding amounts avail able for the average campaign. The respondents’ expert, Anthony Gierzynski, concluded, for example, that Act 64 would have a “minimal effect on . . . candidates’ ability to raise funds.” App. 46. But he rested this conclusion upon his finding that “only a small proportion of” all contribu tions to all campaigns for state office “made during the last three elections would have been affected by the new limits.” Id., at 47; see also id., at 51 (discussing “average amount of revenues lost to the limits” in legislative races (emphasis added)); id., at 52–53 (discussing total number of campaigns receiving contributions over Act 64’s limit). The lower courts similarly relied almost exclusively on averages in assessing Act 64’s effect. See 118 F. Supp. 2d, at 470 (“Approximately 88% to 96% of the campaign con tributions to recent House races were under $200” (empha sis added)); id., at 478 (“Expert testimony revealed that over the last three election cycles the percentage of all candidates’ contributions received over the contribution limits was less than 10%” (emphasis added)). The respondents’ evidence leaves the petitioners’ evi dence unrebutted in certain key respects. That is because the critical question concerns not simply the average effect of contribution limits on fundraising but, more impor tantly, the ability of a candidate running against an in cumbent officeholder to mount an effective challenge. And information about average races, rather than competitive races, is only distantly related to that question, because competitive races are likely to be far more expensive than the average race. See, e.g., N. Ornstein, T. Mann, & M. Malbin, Vital Statistics on Congress 2001–2002, pp. 89–98 (2002) (data showing that spending in competitive elec tions, i.e., where incumbent wins with less than 60% of vote or where incumbent loses, is far greater than in most 22 RANDALL v. SORRELL Opinion of BREYER, J. elections, where incumbent wins with more than 60% of the vote). We concede that the record does contain some anecdotal evidence supporting the respondents’ position, namely, testimony about a post-Act-64 competitive may oral campaign in Burlington, which suggests that a chal lenger can “amas[s] the resources necessary for effective advocacy,” Buckley, 424 U. S., at 21. But the facts of that particular election are not described in sufficient detail to offer a convincing refutation of the implication arising from the petitioners’ experts’ studies. Rather, the petitioners’ studies, taken together with low average Vermont campaign expenditures and the typically higher costs that a challenger must bear to overcome the name-recognition advantage enjoyed by an incumbent, raise a reasonable inference that the contribution limits are so low that they may pose a significant obstacle to candidates in competitive elections. Cf. Ornstein, supra, at 87–96 (In 2000 U. S. House and Senate elections, suc cessful challengers spent far more than the average candi date). Information about average races does not rebut that inference. Consequently, the inference amounts to one factor (among others) that here counts against the constitutional validity of the contribution limits. Second, Act 64’s insistence that political parties abide by exactly the same low contribution limits that apply to other contributors threatens harm to a particularly impor tant political right, the right to associate in a political party. See, e.g., California Democratic Party v. Jones, 530 U. S. 567, 574 (2000) (describing constitutional impor tance of associating in political parties to elect candi dates); Timmons v. Twin Cities Area New Party, 520 U. S. 351, 357 (1997) (same); Colorado I, 518 U. S., at 616 (same); Norman v. Reed, 502 U. S. 279, 288 (1992) (same). Cf. Buckley, supra, at 20–22 (contribution limits constitute “only a marginal restriction” on First Amendment rights Cite as: 548 U. S. ____ (2006) 23 Opinion of BREYER, J. because contributor remains free to associate politically, e.g., in a political party, and “assist personally” in the party’s “efforts on behalf of candidates”). The Act applies its $200 to $400 limits—precisely the same limits it applies to an individual—to virtually all affiliates of a political party taken together as if they were a single contributor. Vt. Stat. Ann., Tit. 17, §2805(a) (2002). That means, for example, that the Vermont De mocratic Party, taken together with all its local affiliates, can make one contribution of at most $400 to the Democ ratic gubernatorial candidate, one contribution of at most $300 to a Democratic candidate for State Senate, and one contribution of at most $200 to a Democratic candidate for the State House of Representatives. The Act includes within these limits not only direct monetary contributions but also expenditures in kind: stamps, stationery, coffee, doughnuts, gasoline, campaign buttons, and so forth. See §2801(2). Indeed, it includes all party expenditures “in tended to promote the election of a specific candidate or group of candidates” as long as the candidate’s campaign “facilitate[s],” “solicit[s],” or “approve[s]” them. §§2809(a), (c). And a party expenditure that “primarily benefits six or fewer candidates who are associated with the” party is “presumed” to count against the party’s contribution limits. §2809(d). In addition to the negative effect on “amassing funds” that we have described, see supra, at 18–21, the Act would severely limit the ability of a party to assist its candidates’ campaigns by engaging in coordinated spending on adver tising, candidate events, voter lists, mass mailings, even yard signs. And, to an unusual degree, it would discour age those who wish to contribute small amounts of money to a party, amounts that easily comply with individual contribution limits. Suppose that many individuals do not know Vermont legislative candidates personally, but wish 24 RANDALL v. SORRELL Opinion of BREYER, J. to contribute, say, $20 or $40, to the State Republican Party, with the intent that the party use the money to help elect whichever candidates the party believes would best advance its ideals and interests—the basic object of a political party. Or, to take a more extreme example, imagine that 6,000 Vermont citizens each want to give $1 to the State Democratic Party because, though unfamiliar with the details of the individual races, they would like to make a small financial contribution to the goal of electing a Democratic state legislature. And further imagine that the party believes control of the legislature will depend on the outcome of three (and only three) House races. The Act forbids the party from giving $2,000 (of the $6,000) to each of its candidates in those pivotal races. Indeed, it permits the party to give no more than $200 to each can didate, thereby thwarting the aims of the 6,000 donors from making a meaningful contribution to state politics by giving a small amount of money to the party they support. Thus, the Act would severely inhibit collective political activity by preventing a political party from using contri butions by small donors to provide meaningful assistance to any individual candidate. See supra, at 19. We recognize that we have previously upheld limits on contributions from political parties to candidates, in par ticular the federal limits on coordinated party spending. Colorado II, 533 U. S. 431. And we also recognize that any such limit will negatively affect to some extent the fund- allocating party function just described. But the contribu tion limits at issue in Colorado II were far less problem atic, for they were significantly higher than Act 64’s lim its. See id., at 438–439, and n. 3, 442, n. 7 (at least $67,560 in coordinated spending and $5,000 in direct cash contributions for U. S. Senate candidates, at least $33,780 in coordinated spending and $5,000 in direct cash contri butions for U. S. House candidates). And they were much higher than the federal limits on contributions from indi Cite as: 548 U. S. ____ (2006) 25 Opinion of BREYER, J. viduals to candidates, thereby reflecting an effort by Con gress to balance (1) the need to allow individuals to par ticipate in the political process by contributing to political parties that help elect candidates with (2) the need to prevent the use of political parties “to circumvent contri bution limits that apply to individuals.” Id., at 453. Act 64, by placing identical limits upon contributions to candi dates, whether made by an individual or by a political party, gives to the former consideration no weight at all. We consequently agree with the District Court that the Act’s contribution limits “would reduce the voice of politi cal parties” in Vermont to a “whisper.” 118 F. Supp. 2d, at 487. And we count the special party-related harms that Act 64 threatens as a further factor weighing against the constitutional validity of the contribution limits. Third, the Act’s treatment of volunteer services aggra vates the problem. Like its federal statutory counterpart, the Act excludes from its definition of “contribution” all “services provided without compensation by individuals volunteering their time on behalf of a candidate.” Vt. Stat. Ann., Tit. 17, §2801(2) (2002). Cf. 2 U. S. C. §431(8)(B)(i) (2000 ed. and Supp. III) (similar exemption in federal campaign finance statute). But the Act does not exclude the expenses those volunteers incur, such as travel ex penses, in the course of campaign activities. The Act’s broad definitions would seem to count those expenses against the volunteer’s contribution limit, at least where the spending was facilitated or approved by campaign officials. Vt. Stat. Ann., Tit. 17, §2801(3) (2002) (“[E]xpenditure” includes “anything of value, paid . . . for the purpose of influencing an election”); §§2809(a), (c) (Any “expenditure . . . intentionally facilitated by, solicited by or approved by the candidate” counts as a “contribution”). And, unlike the Federal Government’s treatment of com parable requirements, the State has not (insofar as we are 26 RANDALL v. SORRELL Opinion of BREYER, J. aware) created an exception excluding such expenses. Cf. 2 U. S. C. §§431(8)(B)(iv), (ix) (2000 ed. and Supp. III) (excluding from the definition of “contribution” volunteer travel expenses up to $1,000 and payment by political party for campaign materials used in connection with volunteer activities). The absence of some such exception may matter in the present context, where contribution limits are very low. That combination, low limits and no exceptions, means that a gubernatorial campaign volunteer who makes four or five round trips driving across the State performing volunteer activities coordinated with the campaign can find that he or she is near, or has surpassed, the contribu tion limit. So too will a volunteer who offers a campaign the use of her house along with coffee and doughnuts for a few dozen neighbors to meet the candidate, say, two or three times during a campaign. Cf. Vt. Stat. Ann., Tit. 17, §2809(d) (2002) (excluding expenditures for such activities only up to $100). Such supporters will have to keep care ful track of all miles driven, postage supplied (500 stamps equals $200), pencils and pads used, and so forth. And any carelessness in this respect can prove costly, perhaps generating a headline, “Campaign laws violated,” that works serious harm to the candidate. These sorts of problems are unlikely to affect the consti tutionality of a limit that is reasonably high. Cf. Buckley, 424 U. S., at 36–37 (Coordinated expenditure by a volun teer “provides material financial assistance to a candi date,” and therefore “may properly be viewed as a contri bution”). But Act 64’s contribution limits are so low, and its definition of “contribution” so broad, that the Act may well impede a campaign’s ability effectively to use volun teers, thereby making it more difficult for individuals to associate in this way. Cf. id., at 22 (Federal contribution limits “leave the contributor free to become a member of Cite as: 548 U. S. ____ (2006) 27 Opinion of BREYER, J. any political association and to assist personally in the association’s efforts on behalf of candidates”). Again, the very low limits at issue help to transform differences in degree into difference in kind. And the likelihood of un justified interference in the present context is sufficiently great that we must consider the lack of tailoring in the Act’s definition of “contribution” as an added factor count ing against the constitutional validity of the contribution limits before us. Fourth, unlike the contribution limits we upheld in Shrink, see supra, at 16, Act 64’s contribution limits are not adjusted for inflation. Its limits decline in real value each year. Indeed, in real dollars the Act’s limits have already declined by about 20% ($200 in 2006 dollars has a real value of $160.66 in 1997 dollars). A failure to index limits means that limits which are already suspiciously low, see supra, at 14–17, will almost inevitably become too low over time. It means that future legislation will be necessary to stop that almost inevitable decline, and it thereby imposes the burden of preventing the decline upon incumbent legislators who may not diligently police the need for changes in limit levels to assure the adequate financing of electoral challenges. Fifth, we have found nowhere in the record any special justification that might warrant a contribution limit so low or so restrictive as to bring about the serious associa tional and expressive problems that we have described. Rather, the basic justifications the State has advanced in support of such limits are those present in Buckley. The record contains no indication that, for example, corruption (or its appearance) in Vermont is significantly more seri ous a matter than elsewhere. Indeed, other things being equal, one might reasonably believe that a contribution of say, $250 (or $450) to a candidate’s campaign was less likely to prove a corruptive force than the far larger con 28 RANDALL v. SORRELL Opinion of BREYER, J. tributions at issue in the other campaign finance cases we have considered. See supra, at 15–17. These five sets of considerations, taken together, lead us to conclude that Act 64’s contribution limits are not nar rowly tailored. Rather, the Act burdens First Amendment interests by threatening to inhibit effective advocacy by those who seek election, particularly challengers; its con tribution limits mute the voice of political parties; they hamper participation in campaigns through volunteer activities; and they are not indexed for inflation. Vermont does not point to a legitimate statutory objective that might justify these special burdens. We understand that many, though not all, campaign finance regulations im pose certain of these burdens to some degree. We also understand the legitimate need for constitutional leeway in respect to legislative line-drawing. But our discussion indicates why we conclude that Act 64 in this respect nonetheless goes too far. It disproportionately burdens numerous First Amendment interests, and consequently, in our view, violates the First Amendment. We add that we do not believe it possible to sever some of the Act’s contribution limit provisions from others that might remain fully operative. See Champlin Refining Co. v. Corporation Comm’n of Okla., 286 U. S. 210, 234 (1932) (“invalid part may be dropped if what is left is fully opera tive as a law”); see also Minnesota v. Mille Lacs Band of Chippewa Indians, 526 U. S. 172, 191 (1999) (severability “essentially an inquiry into legislative intent”); Vt. Stat. Ann., Tit. 1, §215 (2003) (severability principles apply to Vermont statutes). To sever provisions to avoid constitu tional objection here would require us to write words into the statute (inflation indexing), or to leave gaping loop holes (no limits on party contributions), or to foresee which of many different possible ways the legislature might respond to the constitutional objections we have found. Cite as: 548 U. S. ____ (2006) 29 Opinion of BREYER, J. Given these difficulties, we believe the Vermont Legisla ture would have intended us to set aside the statute’s contribution limits, leaving the legislature free to rewrite those provisions in light of the constitutional difficulties we have identified. IV We conclude that Act 64’s expenditure limits violate the First Amendment as interpreted in Buckley v. Valeo. We also conclude that the specific details of Act 64’s contribu tion limits require us to hold that those limits violate the First Amendment, for they burden First Amendment interests in a manner that is disproportionate to the pub lic purposes they were enacted to advance. Given our holding, we need not, and do not, examine the constitu tionality of the statute’s presumption that certain party expenditures are coordinated with a candidate. Vt. Stat. Ann., Tit. 17, §2809(d) (2002). Accordingly, the judgment of the Court of Appeals is reversed, and the cases are remanded for further proceedings. It is so ordered. Cite as: 548 U. S. ____ (2006) 1 Opinion of ALITO, J. SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE ALITO, concurring in part and concurring in the judgment. I concur in the judgment and join in JUSTICE BREYER’s opinion except for Parts II–B–1 and II–B–2. Contrary to the suggestion of those sections, respondents’ primary defense of Vermont’s expenditure limits is that those limits are consistent with Buckley v. Valeo, 424 U. S. 1 (1976) (per curiam). See Brief for William H. Sorrell et al. in Nos. 04–1528 and 04–1530, pp. 15–28 (hereinafter Sorrell Brief); Brief for Vermont Public Interest Research Group et al. in Nos. 04–1528 and 04–1530, pp. 5–36 (hereinafter VPIRG Brief). Only as a backup argument, an afterthought almost, do respondents make a naked plea for us to “revisit Buckley.” Sorrell Brief 28; VPIRG Brief 36. This is fairly 2 RANDALL v. SORRELL Opinion of ALITO, J. incongruous, given that respondents’ defense of Vermont’s contribution limits rests squarely on Buckley and later decisions that built on Buckley, and yet respondents fail to explain why it would be appropriate to reexamine only one part of the holding in Buckley. More to the point, respon dents fail to discuss the doctrine of stare decisis or the Court’s cases elaborating on the circumstances in which it is appropriate to reconsider a prior constitutional decision. Indeed, only once in 99 pages of briefing from respondents do the words “stare decisis” appear, and that reference is in connection with contribution limits. See Sorrell Brief 31. Such an incomplete presentation is reason enough to refuse respondents’ invitation to reexamine Buckley. See United States v. International Business Machines Corp., 517 U. S. 843, 856 (1996). Whether or not a case can be made for reexamining Buckley in whole or in part, what matters is that respon dents do not do so here, and so I think it unnecessary to reach the issue. Cite as: 548 U. S. ____ (2006) 1 KENNEDY, J., concurring in judgment SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE KENNEDY, concurring in the judgment. The Court decides the constitutionality of the limita tions Vermont places on campaign expenditures and con tributions. I agree that both limitations violate the First Amendment. As the plurality notes, our cases hold that expenditure limitations “place substantial and direct restrictions on the ability of candidates, citizens, and associations to engage in protected political expression, restrictions that the First Amendment cannot tolerate.” Buckley v. Valeo, 424 U. S. 1, 58–59 (1976) (per curiam); see also Colorado Republican Federal Campaign Comm. v. Federal Election Comm’n, 518 U. S. 604, 618 (1996) (principal opinion); Federal Election Comm’n v. National Conservative Political 2 RANDALL v. SORRELL KENNEDY, J., concurring in judgment Action Comm., 470 U. S. 480, 497 (1985). The parties neither ask the Court to overrule Buckley in full nor challenge the level of scrutiny that decision ap plies to campaign contributions. The exacting scrutiny the plurality applies to expenditure limitations, however, is appropriate. For the reasons explained in the plurality opinion, respondents’ attempts to distinguish the present limitations from those we have invalidated are unavailing. The Court has upheld contribution limits that do “not come even close to passing any serious scrutiny.” Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 410 (2000) (KENNEDY, J., dissenting). Those concerns aside, Vermont’s contributions, as the plurality’s detailed analy sis indicates, are even more stifling than the ones that survived Shrink’s unduly lenient review. The universe of campaign finance regulation is one this Court has in part created and in part permitted by its course of decisions. That new order may cause more prob lems than it solves. On a routine, operational level the present system requires us to explain why $200 is too restrictive a limit while $1,500 is not. Our own experience gives us little basis to make these judgments, and cer tainly no traditional or well-established body of law exists to offer guidance. On a broader, systemic level political parties have been denied basic First Amendment rights. See, e.g., McConnell v. Federal Election Comm’n, 540 U. S. 93, 286–287, 313 (2003) (KENNEDY, J., concurring in judg ment in part and dissenting in part). Entering to fill the void have been new entities such as political action com mittees, which are as much the creatures of law as of traditional forces of speech and association. Those entities can manipulate the system and attract their own elite power brokers, who operate in ways obscure to the ordi nary citizen. Viewed within the legal universe we have ratified and helped create, the result the plurality reaches is correct; Cite as: 548 U. S. ____ (2006) 3 KENNEDY, J., concurring in judgment given my own skepticism regarding that system and its operation, however, it seems to me appropriate to concur only in the judgment. Cite as: 548 U. S. ____ (2006) 1 THOMAS, J., concurring in judgment SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE THOMAS, with whom JUSTICE SCALIA joins, concurring in the judgment. Although I agree with the plurality that Vt. Stat. Ann., Tit. 17, §2801 et seq. (2002) (Act 64), is unconstitutional, I disagree with its rationale for striking down that statute. Invoking stare decisis, the plurality rejects the invitation to overrule Buckley v. Valeo, 424 U. S. 1 (1976) (per cu riam).1 It then applies Buckley to invalidate the expendi —————— 1 Although the plurality’s stare decisis analysis is limited to Buckley’s treatment of expenditure limitations, its reasoning cannot be so con fined, and would apply equally to Buckley’s standard for evaluating contribution limits. See ante, at 10 (noting, inter alia, that Buckley has engendered “considerable reliance” that would be “dramatically under mine[d]” by overruling it now). 2 RANDALL v. SORRELL THOMAS, J., concurring in judgment ture limitations and, less persuasively, the contribution limitations. I continue to believe that Buckley provides insufficient protection to political speech, the core of the First Amendment. The illegitimacy of Buckley is further underscored by the continuing inability of the Court (and the plurality here) to apply Buckley in a coherent and principled fashion. As a result, stare decisis should pose no bar to overruling Buckley and replacing it with a stan dard faithful to the First Amendment. Accordingly, I concur only in the judgment. I I adhere to my view that this Court erred in Buckley when it distinguished between contribution and expendi ture limits, finding the former to be a less severe in fringement on First Amendment rights. See Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 410–418 (2000) (dissenting opinion) (Shrink); Federal Election Comm’n v. Colorado Republican Federal Campaign Comm., 533 U. S. 431, 465–466 (2001) (Colorado II) (dis senting opinion); Colorado Republican Federal Campaign Comm. v. Federal Election Comm’n, 518 U. S. 604, 635– 644 (1996) (Colorado I) (opinion concurring in judgment and dissenting in part). “[U]nlike the Buckley Court, I believe that contribution limits infringe as directly and as seriously upon freedom of political expression and associa tion as do expenditure limits.” Id., at 640. The Buckley Court distinguished contributions from expenditures based on the presence of an intermediary between a con tributor and the speech eventually produced. But that reliance is misguided, given that “[e]ven in the case of a direct expenditure, there is usually some go-between that facilitates the dissemination of the spender’s message.” Colorado I, supra, at 638–639; Shrink, supra, at 413–418 (Thomas, J., dissenting). Likewise, Buckley’s suggestion that contribution caps only marginally restrict speech, Cite as: 548 U. S. ____ (2006) 3 THOMAS, J., concurring in judgment because “[a] contribution serves as a general expression of support for the candidate and his views, but does not communicate the underlying basis for the support,” 424 U. S., at 21, even if descriptively accurate, does not sup port restrictions on contributions. After all, statements of general support are as deserving of constitutional protec tion as those that communicate specific reasons for that support. Colorado I, supra, at 639–640 (opinion of Tho mas, J.); Shrink, supra, at 414–415, and n. 3 (Thomas, J., dissenting). Accordingly, I would overrule Buckley and subject both the contribution and expenditure restrictions of Act 64 to strict scrutiny, which they would fail. See Colorado I, supra, at 640–641 (opinion of Thomas, J.) (“I am convinced that under traditional strict scrutiny, broad prophylactic caps on both spending and giving in the political process . . . are unconstitutional”). See also Colo rado II, supra, at 465–466 (Thomas, J., dissenting). II The plurality opinion, far from making the case for Buckley as a rule of law, itself demonstrates that Buckley’s limited scrutiny of contribution limits is “insusceptible of principled application,” and accordingly is not entitled to stare decisis effect. See BMW of North America, Inc. v. Gore, 517 U. S. 559, 599 (1996) (SCALIA, J., dissenting). Indeed, “ ‘when governing decisions are unworkable or are badly reasoned, this Court has never felt constrained to follow precedent.’ ” Vieth v. Jubelirer, 541 U. S. 267, 306 (2004) (plurality opinion) (quoting Payne v. Tennessee, 501 U. S. 808, 827 (1991); internal quotation marks omitted). Today’s newly minted, multifactor test, particularly when read in combination with the Court’s decision in Shrink, supra, places this Court in the position of addressing the propriety of regulations of political speech based upon little more than its impression of the appropriate limits. The plurality sets forth what appears to be a two-step 4 RANDALL v. SORRELL THOMAS, J., concurring in judgment process for evaluating the validity of contribution limits: First, determine whether there are “danger signs” in a particular case that the limits are too low; and, second, use “independent judicial judgment” to “review the record independently and carefully with an eye towards assessing the statute’s ‘tailoring,’ that is, towards assessing the proportionality of the restrictions.” Ante, at 14. Neither step of this test can be reduced to a workable inquiry to be performed by States attempting to comply with this Court’s jurisprudence. As to the first step, it is entirely unclear how to deter mine whether limits are so low as to constitute “danger signs” that require a court to “examine the record inde pendently and carefully.” Ante, at 18. The plurality points to several aspects of the Act that support its conclu sion that such signs are present here: (1) the limits are set per election cycle, rather than divided between primary and general elections; (2) the limits apply to contributions from political parties; (3) the limits are the lowest in the Nation; and (4) the limits are below those we have previ ously upheld. Ante, at 15–19. The first two elements of the Act are indeed constitu tionally problematic, but they have no bearing on whether the contribution limits are too low. The first substantially advantages candidates in a general election who did not face a serious primary challenge. In practice, this restric tion will generally suppress more speech by challengers than by incumbents, without serving the interests the Court has recognized as compelling, i.e., the prevention of corruption or the appearance thereof. Cf. B. Smith, Un free Speech: The Folly of Campaign Finance Reform 50–51 (2001) (hereinafter Smith) (describing the ability of in cumbents to amass money early, discouraging serious challengers from entering a race). The second element has no relation to these compelling interests either, given that “ ‘[t]he very aim of a political party is to influence its can Cite as: 548 U. S. ____ (2006) 5 THOMAS, J., concurring in judgment didate’s stance on issues and, if the candidate takes office or is reelected, his votes.’ ” Colorado II, 533 U. S., at 476 (Thomas, J., dissenting) (citing Colorado I, 518 U. S., at 646 (Thomas, J., concurring in judgment and dissenting in part)). That these provisions are unconstitutional, how ever, does not make the contribution limits on individuals unconstitutionally low. We are left, then, with two reasons to scrutinize Act 64’s limitations: They are lower than those of other States, and lower than those we have upheld in previous cases, i.e., Buckley and Shrink. But the relative limits of other States cannot be the key factor, for such considerations are nothing more than a moving target. After all, if the Vermont Legislature simply persuaded several other States to lower their contribution limits to parallel Act 64, then the Act, which would still “significantly restrict the amount of funding available for challengers to run com petitive campaigns,” ante, at 19, would survive this aspect of the majority’s proposed test. Nor is the relationship of these limits to those in Buck ley and Shrink a critical fact. In Shrink, the Court specifi cally determined that Buckley did not “set a minimum constitutional threshold for contribution limits,” rejecting such a contention as a “fundamental misunderstanding of what we held.” 528 U. S., at 396. The plurality’s current treatment of the limits in Shrink as a constitutional minimum, or at least as limits below which “danger signs” are present, thus cannot be reconciled with Shrink itself. Having nevertheless concluded that these “danger signs” require us to scrutinize the record, the plurality embarks on an odd review of the contribution limits, com bining unrelated factors to determine that, “taken to gether,” ante, at 19, the restrictions of Act 64 are not closely drawn to meet their objectives. Two of these fac tors simply cause the already stringent limitations on individual contributions to be more stringent; i.e., volun 6 RANDALL v. SORRELL THOMAS, J., concurring in judgment teer services count toward the contribution limit, ante, at 25–27, and the limits do not change with inflation, so they will become even more stringent in time, ante, at 27.2 While these characteristics confirm the plurality’s impres sion that these limits are, indeed, quite low, they have nothing whatsoever to do with whether the restrictions are closely drawn to meet their objectives. The plurality would presumably uphold a limit on contributions of $1 million, even if volunteer services counted toward that limit and the limit did not change with inflation. Charac terizing these facts as shifting Act 64’s limits from “suspi ciously low” to “too low,” ibid., provides no insight on how to draw this constitutional line. The plurality next departs from the general applicability of the contribution limits entirely, and notes the substan tial interference of the contribution limits with the activi ties of parties. Again, I do not dispute that the limitation on party contributions is unconstitutional; as I have previ ously noted, such limitations are unconstitutional even under Buckley. See Colorado II, supra, at 476–477. But it is entirely unclear why the mere fact that the “suspi ciously low” contribution limits also apply to parties should mean that those limits are in fact “too low” when they are applied to individuals. If the limits impermissi bly intrude upon the associational rights of parties, then the limits are unconstitutional as applied to parties. But —————— 2 Ironically, the plurality is troubled by the fact that the absence of a provision adjusting the limits for inflation means that the real value of the limits will decline, and that “the burden of preventing the decline [lies] upon incumbent legislators who may not diligently police the need for changes in limit levels to assure the adequate financing of electoral challenges.” Ante, at 27. It is impossible to square this wariness of incumbents’ disinclination to enact future laws protecting challengers with the plurality’s deference to those same incumbents when they make empirical judgments regarding “the precise restriction necessary to carry out the statute’s legitimate objectives” in the first place. Ante, at 14. Cite as: 548 U. S. ____ (2006) 7 THOMAS, J., concurring in judgment limits on individuals cannot be transformed from permis sible to too low simply because they also apply to political parties.3 We are left, then, with two arguably relevant points to transform these contribution limits from the realm of the “suspicious” to the realm of the impermissible. First, the limits affect a substantial portion of the money given to challengers. But contribution limits always dispropor tionately burden challengers, who often have smaller bases of support than incumbents. See Smith, 66–70. In Shrink, the Court expressly rejected the argument that a negative impact on a challenger could render a contribu tion limit invalid, relying on the same sort of analysis of the “average effect of contribution limits on fundraising,” ante, at 21, that the plurality today rejects. See 528 U. S., at 396 (noting that 97.62% of all contributors for state auditor made contributions of less than $2,000, and that “[e]ven if we were to assume that the contribution limits affected respondent[’s] ability to wage a competitive cam paign . . . a showing of one affected individual does not point up a system of suppressed political advocacy “that —————— 3 The plurality’s connection of these two factors implies that it is con cerned not with the impact on the speech of contributors, but solely with the speech of candidates, for whom the two facts might be con nected. See ante, at 19. Indeed, the plurality notably omits interference with participation in campaigns through monetary contributions from the list of reasons the Act is unconstitutional. See id., at 19, 27. But contributors, too, have a right to free speech. See Colorado I 518 U. S. 604, 637 (1996) (THOMAS, J., concurring in judgment and dissenting in part) (“If an individual is limited in the amount of resources he can contribute to the pool, he is most certainly limited in his ability to associate for purposes of effective advocacy”). Even Buckley v. Valeo, 424 U. S. 1 (1976) (per curiam), recognizes that contribution limits restrict the free speech of contributors, even if it understates the significance of this restriction. See id., at 20–21 (“[A] limitation upon the amount that any one person or group may contribute to a candidate . . . entails only a marginal restriction upon the contributor’s ability to engage in free communication”). 8 RANDALL v. SORRELL THOMAS, J., concurring in judgment would be unconstitutional under Buckley”). Cf. id., at 420 (Thomas, J., dissenting) (“The Court in Buckley provided no basis for suppressing the speech of an individual candi date simply because other candidates (or candidates in the aggregate) may succeed in reaching the voting public . . . any such reasoning would fly in the face of the premise of our political system—liberty vested in individual hands safeguards the functioning of our democracy”). An indi vidual’s First Amendment right is infringed whether his speech is decreased by 5% or 95%, and whether he suffers alone or shares his violation with his fellow citizens. Certainly, the First Amendment does not authorize us to judge whether a restriction of political speech imposes a sufficiently severe disadvantage on challengers that a candidate should be able to complain. See Shrink, supra, at 427 (Thomas, J., dissenting) (“[C]ourts have no yard stick by which to judge the proper amount and effective ness of campaign speech”). The plurality’s final justification fares no better. Argu ing that Vermont offers no justification for imposing a limit lower than that imposed in any other State is simply another way of saying that the benchmark for whether a contribution limitation is constitutional is what other States have imposed. As I have noted above, supra, at 6, tying individuals’ First Amendment rights to the presence or absence of similar laws in other States is inconsistent with the First Amendment. The plurality recognizes that the burdens which lead it to invalidate Act 64’s contribution limits are present under “many, though not all, campaign finance regulations.” Ante, at 28. As a result, the plurality does not purport to offer any single touchstone for evaluating the constitu tionality of such laws. Indeed, its discussion offers noth ing resembling a rule at all. From all appearances, the plurality simply looked at these limits and said, in its “independent judicial judgment,” ante, at 14, that they are Cite as: 548 U. S. ____ (2006) 9 THOMAS, J., concurring in judgment too low. The atmospherics—whether they vary with infla tion, whether they are as high as those in other States or those in Shrink and Buckley, whether they apply to volun teer activities and parties—no doubt help contribute to the plurality’s sentiment. But a feeling does not amount to a workable rule of law. This is not to say that the plurality errs in concluding that these limits are too low to satisfy even Buckley’s lenient standard. Indeed, it is almost impossible to imag ine that any legislator would ever find his scruples over come by a $201 donation. See Shrink, supra, at 425 (Thomas, J., dissenting) (“I cannot fathom how a $251 contribution could pose a substantial risk of ‘secur[ing] a political quid pro quo’ ” (quoting Buckley, 424 U. S., at 26)). And the statistics relied on by the plurality indeed reveal that substantial resources will be lost by candidates run ning campaigns under these limits. See ante, at 19–22. Given that these contribution limits severely impinge on the ability of candidates to run campaigns and on the ability of citizens to contribute to campaigns, and do so without any demonstrable need to avoid corruption, they cannot possibly satisfy even Buckley’s ambiguous level of scrutiny. But the plurality’s determination that this statute clearly lies on the impermissible side of the constitutional line gives no assistance in drawing this line, and it is clear that no such line can be drawn rationally. There is simply no way to calculate just how much money a person would need to receive before he would be corrupt or perceived to be corrupt (and such a calculation would undoubtedly vary by person). Likewise, there is no meaningful way of dis cerning just how many resources must be lost before speech is “disproportionately burden[ed].” Ante, at 28. Buckley, as the plurality has applied it, gives us license to simply strike down any limits that just seem to be too stringent, and to uphold the rest. The First Amendment 10 RANDALL v. SORRELL THOMAS, J., concurring in judgment does not grant us this authority. Buckley provides no consistent protection to the core of the First Amendment, and must be overruled. * * * For these reasons, I concur only in the judgment. Cite as: 548 U. S. ____ (2006) 1 STEVENS, J., dissenting SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE STEVENS, dissenting. JUSTICE BREYER and JUSTICE SOUTER debate whether the per curiam decision in Buckley v. Valeo, 424 U. S. 1 (1976), forecloses any constitutional limitations on candi date expenditures. This is plainly an issue on which reasonable minds can disagree. The Buckley Court never explicitly addressed whether the pernicious effects of endless fundraising can serve as a compelling state inter est that justifies expenditure limits, post, at 2 (SOUTER, J., dissenting), yet its silence, in light of the record before it, suggests that it implicitly treated this proposed interest insufficient, ante, at 11 (plurality opinion of BREYER, J.). Assuming this to be true, however, I am convinced that Buckley’s holding on expenditure limits is wrong, and that 2 RANDALL v. SORRELL STEVENS, J., dissenting the time has come to overrule it. I have not reached this conclusion lightly. As JUSTICE BREYER correctly observes, stare decisis is a principle of “ ‘fundamental importance.’ ” Ante, at 9. But it is not an inexorable command, and several factors, taken together, provide special justification for revisiting the constitution ality of statutory limits on candidate expenditures. To begin with, Buckley’s holding on expenditure limits itself upset a long-established practice. For the preceding 65 years, congressional races had been subject to statutory limits on both expenditures and contributions. See 37 Stat. 28; Federal Corrupt Practices Act of 1925, 43 Stat. 1073; Federal Election Campaign Finance Act of 1971, 86 Stat. 5; Federal Election Campaign Act Amendments of 1974, 88 Stat. 1263; United States v. Automobile Workers, 352 U. S. 567, 575–576 (1957); McConnell v. Federal Elec tion Comm’n, 540 U. S. 93, 115–117 (2003). As the Court of Appeals had recognized in Buckley v. Valeo, 519 F. 2d 821, 859 (CADC 1975) (en banc) (per curiam), our earlier juris prudence provided solid support for treating these limits as permissible regulations of conduct rather than speech. Ibid. (discussing Burroughs v. United States, 290 U. S. 534 (1934), and United States v. Harriss, 347 U. S. 612 (1954)); see also 519 F. 2d, at 841, and n. 41, 851, and n. 68. While Buckley’s holding on contribution limits was consistent with this backdrop, its holding on expenditure limits “involve[d] collision with a prior doctrine more embracing in its scope, intrinsically sounder, and verified by experience,” Helvering v. Hallock, 309 U. S. 106, 119 (1940). There are further reasons for reexamining Buckley’s holding on candidate expenditure limits that do not apply to its holding on candidate contribution limits. Although we have subsequently reiterated the line Buckley drew between these two types of limits, we have done so primar ily in cases affirming the validity of contribution limits or their functional equivalents. See McConnell, 540 U. S., at Cite as: 548 U. S. ____ (2006) 3 STEVENS, J., dissenting 134–138; Federal Election Comm’n v. Colorado Republican Federal Campaign Comm., 533 U. S. 431, 440–442 (2001); Nixon v. Shrink Missouri Government PAC, 528 U. S. 377, 386–387 (2000); cf. California Medical Assn. v. Federal Election Comm’n, 453 U. S. 182, 194–195 (1981) (plurality opinion). In contrast, these are our first post-Buckley cases that raise the constitutionality of expenditure limits on the amounts that candidates for office may spend on their own campaigns.1 Accordingly, while we have explicitly recognized the importance of stare decisis in the context of Buckley’s holding on contribution limits, McConnell, 540 U. S., at 137–138, we have never before done so with regard to its rejection of expenditure limits. And McConnell’s recogni tion rested largely on an interest specific to Buckley’s holding on contribution limits. There, we stated that “[c]onsiderations of stare decisis, buttressed by the respect that the Legislative and Judicial Branches owe to one another, provide additional powerful reasons for adhering to the analysis of contribution limits that the Court has consistently followed since Buckley was decided.” 540 U. S., at 137–138 (emphasis added). This powerful but tress is absent from Buckley’s refusal to defer to the Legis lature’s judgment as to the importance of expenditure limits. Relatedly, while Congress and state legislatures have long relied on Buckley’s authorization of contribution limits, Buckley’s rejection of expenditure limits “has not induced [comparable] detrimental reliance,” Lawrence v. —————— 1 We have, of course, invalidated limits on independent expenditures by third persons. Federal Election Comm’n v. National Conservative Political Action Comm., 470 U. S. 480 (1985); Colorado Republican Federal Cam paign Comm. v. Federal Election Comm’n, 518 U. S. 604 (1996); cf. Federal Election Comm’n v. Massachusetts Citizens for Life, Inc., 479 U. S. 238 (1986). In these cases the principal parties accepted Buckley’s holding on candidate expenditure limits and gave us no cause to consider how much weight to give stare decisis. 4 RANDALL v. SORRELL STEVENS, J., dissenting Texas, 539 U. S. 558, 577 (2003). See also Vieth v. Jube lirer, 541 U. S. 267, 306 (2004) (plurality opinion) (noting lessened stare decisis concern where “it is hard to imagine how any action taken in reliance upon [the prior case] could conceivably be frustrated”). Perhaps in partial recognition of these points, Justice White refused to abandon his opposition to Buckley’s holding on expenditure limits. See Federal Election Comm’n v. Massachusetts Citizens for Life, Inc., 479 U. S. 238, 271 (1986); Federal Election Comm’n v. National Conservative Political Action Comm., 470 U. S. 480, 507–512 (1985) (dissenting opinion). He believed Buckley deeply wrong on this issue because it confused “the identification of speech with its antecedents.” National Conservative Politi cal Action Comm., 470 U. S., at 508. Over the course of his steadfast campaign, he converted at least one other Buck ley participant to this position, see National Conservative Political Action Comm., 470 U. S., at 518–521 (Marshall, J., dissenting), and his reasoning has since persuaded me—the nonparticipating Member of the Buckley Court— as well. As Justice White recognized, it is quite wrong to equate money and speech. Buckley, 424 U. S., at 263 (opinion concurring in part and dissenting in part). To the contrary, “The burden on actual speech imposed by limita tions on the spending of money is minimal and indi rect. All rights of direct political expression and advo cacy are retained. Even under the campaign laws as originally enacted, everyone was free to spend as much as they chose to amplify their views on general political issues, just not specific candidates. The re strictions, to the extent they do affect speech, are viewpoint-neutral and indicate no hostility to the speech itself or its effects.” National Conservative Po Cite as: 548 U. S. ____ (2006) 5 STEVENS, J., dissenting litical Action Comm., 470 U. S., at 508–509 (White, J., dissenting). Accordingly, these limits on expenditures are far more akin to time, place, and manner restrictions than to re strictions on the content of speech. Like Justice White, I would uphold them “so long as the purposes they serve are legitimate and sufficiently substantial.” Buckley, 424 U. S., at 264. Buckley’s conclusion to the contrary relied on the follow ing oft-quoted metaphor: “Being free to engage in unlimited political expression subject to a ceiling on expenditures is like being free to drive an automobile as far and as often as one de sires on a single tank of gasoline.” Id., at 19, n. 18. But, of course, while a car cannot run without fuel, a candidate can speak without spending money. And while a car can only travel so many miles per gallon, there is no limit on the number of speeches or interviews a candidate may give on a limited budget. Moreover, provided that this budget is above a certain threshold, a candidate can exercise due care to ensure that her message reaches all voters. Just as a driver need not use a Hummer to reach her destination, so a candidate need not flood the airways with ceaseless sound-bites of trivial information in order to provide voters with reasons to support her. Indeed, the examples of effective speech in the political arena that did not depend on any significant expenditure by the campaigner are legion. It was the content of Wil liam Jennings Bryan’s comments on the “Cross of Gold”— and William McKinley’s responses delivered from his front porch in Canton, Ohio—rather than any expenditure of money that appealed to their cost-free audiences. Neither Abraham Lincoln nor John F. Kennedy paid for the oppor tunity to engage in the debates with Stephen Douglas and Richard Nixon that may well have determined the out 6 RANDALL v. SORRELL STEVENS, J., dissenting comes of Presidential elections. When the seasoned cam paigners who were Members of the Congress that en dorsed the expenditure limits in the Federal Election Campaign Act Amendments of 1974 concluded that a modest budget would not preclude them from effectively communicating with the electorate, they necessarily re jected the Buckley metaphor. These campaigners also identified significant govern ment interests favoring the imposition of expenditure limits. Not only do these limits serve as an important complement to corruption-reducing contribution limits, see id., at 264 (opinion of White, J.), but they also “protect equal access to the political arena, [and] free candidates and their staffs from the interminable burden of fundrais ing.” Colorado Republican Federal Campaign Comm. v. Federal Election Comm’n, 518 U. S. 604, 649–650 (1996) (STEVENS, J., dissenting). These last two interests are particularly acute. When campaign costs are so high that only the rich have the reach to throw their hats into the ring, we fail “to protect the political process from undue influence of large aggregations of capital and to promote individual responsibility for democratic government.” Automobile Workers, 352 U. S., at 590. States have recog nized this problem,2 but Buckley’s perceived ban on expendi ture limits severely limits their options in dealing with it. The interest in freeing candidates from the fundraising straitjacket is even more compelling. Without expenditure limits, fundraising devours the time and attention of political leaders, leaving them too busy to handle their public responsibilities effectively. That fact was well recognized by backers of the legislation reviewed in Buck ley, by the Court of Appeals judges who voted to uphold —————— 2 See Brief for State of Connecticut et al. as Amici Curiae 16–17 (cit ing Ariz. Rev. Stat. §16–940(B)(7); Colo. Rev. Stat. §1–45–102; Neb. Rev. Stat. §32-1602(1); and R. I. Gen. Laws §17–25–18). Cite as: 548 U. S. ____ (2006) 7 STEVENS, J., dissenting the expenditure limitations in that statute, and by Justice White—who not incidentally had personal experience as an active participant in a Presidential campaign. Cf. 519 F. 2d, at 838 (and citations to legislative history contained therein); 424 U. S., at 265 (opinion of White, J.). The validity of their judgment has surely been confirmed by the mountains of evidence that has been accumulated in recent years concerning the time that elected officials spend raising money for future campaigns and the adverse effect of fundraising on the performance of their official duties.3 Additionally, there is no convincing evidence that these important interests favoring expenditure limits are fronts for incumbency protection. Buckley’s cursory suggestion to the contrary, id., at 56–57, failed to take into account the mixed evidence before it on this issue. See 519 F. 2d, at 861, 862 (detailing how “[t]he material available to the court looks both ways”). And only by “permit[ting] States nationwide to experiment with these critically needed reforms,”—as 18 States urge us to do—will we enable further research on how expenditure limits relate to our incumbent reelection rates. See Brief for State of Con necticut et al. as Amici Curiae 3.4 In the meantime, a —————— 3 See, e.g., Alexander, Let Them Do Their Jobs: The Compelling Gov ernment Interest in Protecting the Time of Candidates and Elected Officials, 37 Loyola U. Chi. L. J. 669, 673–683 (2006); see also post, at 3 (SOUTER, J., dissenting). 4 Indeed, the example of the city of Albuquerque suggests that con cerns about incumbent entrenchment are unfounded. In 1974, the city set expenditure limits on municipal elections. A 2-year interlude aside, these limits applied until 2001, when they were successfully challenged by municipal candidates. Homans v. Albuquerque, 217 F. Supp. 2d 1197, 1200 (NM 2002), aff’d, 366 F. 3d 900 (CA10), cert. denied, 543 U. S 1002 (2004). In its findings of fact, the Federal District Court determined that “[n]ationwide, eighty-eight percent (88%) of incumbent Mayors successfully sought reelection in 1999. In contrast, since 1974, the City has had a zero percent (0%) success rate for Mayors seeking 8 RANDALL v. SORRELL STEVENS, J., dissenting legislative judgment that “enough is enough” should com mand the greatest possible deference from judges inter preting a constitutional provision that, at best, has an indirect relationship to activity that affects the quantity— rather than the quality or the content—of repetitive speech in the marketplace of ideas. One final point bears mention. Neither the opinions in Buckley nor those that form today’s cacophony pay heed to how the Framers would have viewed candidate expendi ture limits. This is not an unprincipled approach, as the historical context is “usually relevant but not necessarily dispositive.” Georgia v. Randolph, 547 U. S. ___, ___ (2006) (slip op., at 1) (STEVENS, J., concurring). This is particularly true of contexts that are so different. At the time of the framing the accepted posture of the leading candidates was one of modesty, acknowledging a willingness to serve rather than a desire to compete. Speculation about how the Framers would have legislated if they had foreseen the era of televised sound-bites thus cannot provide us with definitive answers. Nevertheless, I am firmly persuaded that the Framers would have been appalled by the impact of modern fund- raising practices on the ability of elected officials to per form their public responsibilities. I think they would have viewed federal statutes limiting the amount of money that congressional candidates might spend in future elections —————— reelection.” 217 F. Supp. 2d, at 1200 (citation omitted). The court further concluded that the “system of unlimited spending has deleteri ous effects on the competitiveness of elections because it gives incum bent candidates an electoral advantage.” Ibid. While far from conclu sive, this example cuts against the view that there is a slam-dunk correlation between expenditure limits and incumbent advantage. See also Brief for Center for Democracy and Election Management at American University as Amicus Curiae (concluding that Canada, the United Kingdom, New Zealand, and Malta—all of which have campaign expenditure limits—have more electoral competition than the United States, Jamaica, Ireland, and Australia—all of which lack such limits). Cite as: 548 U. S. ____ (2006) 9 STEVENS, J., dissenting as well within Congress’ authority.5 And they surely would not have expected judges to interfere with the en forcement of expenditure limits that merely require candi dates to budget their activities without imposing any restrictions whatsoever on what they may say in their speeches, debates, and interviews. For the foregoing reasons, I agree with JUSTICE SOUTER that it would be entirely appropriate to allow further proceedings on expenditure limits to go forward in these cases. For the reasons given in Parts II and III of his dissent, I also agree that Vermont’s contribution limits and presumption of coordinated expenditures by political parties are constitutional, and so join those portions of his opinion. —————— 5 See Art. I, §4 (providing that the “Times, Places and Manner of hold- ing Elections for Senators and Representatives, shall be prescribed in each State by the Legislature thereof; but the Congress may at any time by Law make or alter such Regulations”); see also §5 (providing that “Each House may determine the Rules of its Proceedings”). Cite as: 548 U. S. ____ (2006) 1 SOUTER, J., dissenting SUPREME COURT OF THE UNITED STATES _________________ Nos. 04–1528, 04–1530 and 04–1697 _________________ NEIL RANDALL, ET AL., PETITIONERS 04–1528 v. WILLIAM H. SORRELL ET AL. VERMONT REPUBLICAN STATE COMMITTEE, ET AL., PETITIONERS 04–1530 v. WILLIAM H. SORRELL ET AL. WILLIAM H. SORRELL, ET AL., PETITIONERS 04–1697 v. NEIL RANDALL ET AL. ON WRITS OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT [June 26, 2006] JUSTICE SOUTER, with whom JUSTICE GINSBURG joins, and with whom JUSTICE STEVENS joins as to Parts II and III, dissenting. In 1997, the Legislature of Vermont passed Act 64 after a series of public hearings persuaded legislators that rehabilitating the State’s political process required cam paign finance reform. A majority of the Court today de cides that the expenditure and contribution limits enacted are irreconcilable with the Constitution’s guarantee of free speech. I would adhere to the Court of Appeals’s decision to remand for further enquiry bearing on the limitations on candidates’ expenditures, and I think the contribution limits satisfy controlling precedent. I respectfully dissent. 2 RANDALL v. SORRELL SOUTER, J., dissenting I Rejecting Act 64’s expenditure limits as directly contra vening Buckley v. Valeo, 424 U. S. 1 (1976) (per curiam), ante, at 8–11 (opinion of BREYER, J.), is at least premature. We said in Buckley that “expenditure limitations impose far greater restraints on the freedom of speech and asso ciation than do . . . contribution limitations,” 424 U. S., at 44, but the Buckley Court did not categorically foreclose the possibility that some spending limit might comport with the First Amendment. Instead, Buckley held that the constitutionality of an expenditure limitation “turns on whether the governmental interests advanced in its sup port satisfy the [applicable] exacting scrutiny.” Ibid. In applying that standard in Buckley itself, the Court gave no indication that it had given serious consideration to an aim that Vermont’s statute now pursues: to alleviate the drain on candidates’ and officials’ time caused by the endless fundraising necessary to aggregate many small contributions to meet the opportunities for ever more expensive campaigning. Instead, we dwelt on rejecting the sufficiency of interests in reducing corruption, equaliz ing the financial resources of candidates, and capping the overall cost of political campaigns, see id., at 55–57. Al though Justice White went a step further in dissenting from the Court on expenditures, and made something of the interest in getting officials off the “treadmill” driven by the “obsession with fundraising,” see id., at 265 (opinion concurring in part and dissenting in part), this lurking issue was not treated as significant on the expenditure question in the per curiam opinion. Whatever the obser vations made to the Buckley Court about the effect of fundraising on candidates’ time, the Court did not squarely address a time-protection interest as support for the expenditure limits, much less one buttressed by as Cite as: 548 U. S. ____ (2006) 3 SOUTER, J., dissenting thorough a record as we have here.* Vermont’s argument therefore does not ask us to over rule Buckley; it asks us to apply Buckley’s framework to determine whether its evidence here on a need to slow the fundraising treadmill suffices to support the enacted limitations. Vermont’s claim is serious. Three decades of experience since Buckley have taught us much, and the findings made by the Vermont Legislature on the perni cious effect of the nonstop pursuit of money are signifi cant. See, e.g., Act 64, H. 28, Legislative Findings and Intent, at App. 20 (finding that “candidates for statewide offices are spending inordinate amounts of time raising campaign funds”); ibid. (finding that “[r]obust debate of issues, candidate interaction with the electorate, and public involvement and confidence in the electoral process have decreased as campaign expenditures have in creased”); see also Landell v. Sorrell, 118 F. Supp. 2d 459, 467 (Vt. 2000) (noting testimony of Senator Shumlin before the legislature that raising funds “was one of the most distasteful things that I’ve had to do in public ser vice” (internal quotation marks omitted)); Landell v. Sorrell, 382 F. 3d 91, 123 (CA2 2004) (public officials testified at trial that “elected officials spend time with donors rather than on their official duties”). The legislature’s findings are surely significant enough to justify the Court of Appeals’s remand to the District —————— * In approving the public funding provisions of the subject campaign finance law, Subtitle H of the Internal Revenue Code, the Buckley Court appreciated that in enacting the provision Congress was legislat ing in part “to free candidates from the rigors of fundraising,” 424 U. S., at 91; see also id., at 96 (“Congress properly regarded public financing as an appropriate means of relieving major-party Presidential candi dates from the rigors of soliciting private contributions”). Recognition of the interest as to Subtitle H, a question of congressional power involving a different evidentiary burden, see South Dakota v. Dole, 483 U. S. 203, 207 (1987); see also Buckley, supra, at 90, does not imply a conclusive rejection of it as to the separate issue of expenditure limits. 4 RANDALL v. SORRELL SOUTER, J., dissenting Court to decide whether Vermont’s spending limits are the least restrictive means of accomplishing what the court unexceptionably found to be worthy objectives. See id., at 124–125, 135–137. The District Court was instructed to examine a variety of outstanding issues, including alter natives considered by Vermont’s Legislature and the reasons for rejecting them. See id., at 136. Thus, the constitutionality of the expenditure limits was not conclu sively decided by the Second Circuit, and I believe the evidentiary work that remained to be done would have raised the prospect for a sound answer to that question, whatever the answer might have been. Instead, we are left with an unresolved question of narrow tailoring and with consequent doubt about the justifiability of the spending limits as necessary and appropriate correctives. This is not the record on which to foreclose the ability of a State to remedy the impact of the money chase on the democratic process. I would not, therefore, disturb the Court of Appeals’s stated intention to remand. II Although I would defer judgment on the merits of the expenditure limitations, I believe the Court of Appeals correctly rejected the challenge to the contribution limits. Low though they are, one cannot say that “the contribu tion limitation[s are] so radical in effect as to render po litical association ineffective, drive the sound of a candi date’s voice below the level of notice, and render contributions pointless.” Nixon v. Shrink Missouri Gov ernment PAC, 528 U. S. 377, 397 (2000). The limits set by Vermont are not remarkable depar tures either from those previously upheld by this Court or from those lately adopted by other States. The plurality concedes that on a per-citizen measurement Vermont’s limit for statewide elections “is slightly more generous,” ante, at 18, than the one set by the Missouri statute ap Cite as: 548 U. S. ____ (2006) 5 SOUTER, J., dissenting proved by this Court in Shrink, supra. Not only do those dollar amounts get more generous the smaller the district, they are consistent with limits set by the legislatures of many other States, all of them with populations larger than Vermont’s, some significantly so. See, e.g., Montana Right to Life Assn. v. Eddleman, 343 F. 3d 1085, 1088 (CA9 2003) (approving $400 limit for candidates filed jointly for Gover nor and Lieutenant Governor, since increased to $500, see Mont. Code Ann. §13–37–216(1)(a)(i) (2005)); Daggett v. Commission on Governmental Ethics and Election Practices, 205 F. 3d 445, 452 (CA1 2000) ($500 limit for gubernatorial candidates in Maine); Minnesota Citizens Concerned for Life, Inc. v. Kelley, 427 F. 3d 1106, 1113 (CA8 2005) ($500 limit on contributions to legislative candidates in election years, $100 in other years); Florida Right to Life, Inc. v. Mortham, No. 6:98–770–CV, 2000 WL 33733256, *3 (MD Fla., Mar. 20, 2000) ($500 limit on contributions to any state candidate). The point is not that this Court is bound by judicial sanctions of those numbers; it is that the consis tency in legislative judgment tells us that Vermont is not an eccentric party of one, and that this is a case for the judicial deference that our own precedents say we owe here. See Shrink, supra, at 402 (BREYER, J., concurring) (“Where a legislature has significantly greater institutional expertise, as, for example, in the field of election regulation, the Court in practice defers to empirical legislative judgments”); see also ante, at 14 (plurality opinion) (“[O]rdinarily we have deferred to the legislature’s determination of [matters re lated to the costs and nature of running for office]”). To place Vermont’s contribution limits beyond the con stitutional pale, therefore, is to forget not only the facts of Shrink, but also our self-admonition against second- guessing legislative judgments about the risk of corruption to which contribution limits have to be fitted. See Shrink, supra, at 391, and n. 5. And deference here would surely not be overly complaisant. Vermont’s legislators them 6 RANDALL v. SORRELL SOUTER, J., dissenting selves testified at length about the money that gets their special attention, see Act 64, H. 28, Legislative Findings and Intent, at App. 20 (finding that “[s]ome candidates and elected officials, particularly when time is limited, respond and give access to contributors who make large contributions in preference to those who make small or no contributions”); 382 F. 3d, at 122 (testimony of Elizabeth Ready: “If I have only got an hour at night when I get home to return calls, I am much more likely to return [a donor’s] call than I would [a non-donor’s] . . . . [W]hen you only have a few minutes to talk, there are certain people that get access” (alterations in original)). The record revealed the amount of money the public sees as suspi ciously large, see 118 F. Supp. 2d, at 479–480 (“The limits set by the legislature . . . accurately reflect the level of contribution considered suspiciously large by the Vermont public. Testimony suggested that amounts greater than the contribution limits are considered large by the Ver mont public”). And testimony identified the amounts high enough to pay for effective campaigning in a State where the cost of running tends to be on the low side, see id., at 471 (“In the context of Vermont politics, $200, $300, and $400 donations are clearly large, as the legislature deter mined. Small donations are considered to be strong acts of political support in this state. William Meub testified that a contribution of $1 is meaningful because it represents a commitment by the contributor that is likely to become a vote for the candidate. Gubernatorial candidate Ruth Dwyer values the small contributions of $5 so much that she personally sends thank you notes to those donors”); id., at 470–471 (“In Vermont, many politicians have run effective and winning campaigns with very little money, and some with no money at all. . . . Several candidates, campaign managers, and past and present government officials testified that they will be able to raise enough money to mount effective campaigns in the system of Cite as: 548 U. S. ____ (2006) 7 SOUTER, J., dissenting contribution limits established by Act 64”); id., at 472 (“Spending in Vermont statewide elections is very low . . . . Vermont ranks 49th out of the 50 states in campaign spending. The majority of major party candidates for statewide office in the last three election cycles spent less than what the spending limits of Act 64 would allow. . . . In Vermont legislative races, low-cost methods such as door-to-door campaigning are standard and even expected by the voters”). Still, our cases do not say deference should be absolute. We can all imagine dollar limits that would be laughable, and per capita comparisons that would be meaningless because aggregated donations simply could not sustain effective campaigns. The plurality thinks that point has been reached in Vermont, and in particular that the low contribution limits threaten the ability of challengers to run effective races against incumbents. Thus, the plural ity’s limit of deference is substantially a function of suspi cion that political incumbents in the legislature set low contribution limits because their public recognition and easy access to free publicity will effectively augment their own spending power beyond anything a challenger can muster. The suspicion is, in other words, that incumbents cannot be trusted to set fair limits, because facially neu tral limits do not in fact give challengers an even break. But this received suspicion is itself a proper subject of suspicion. The petitioners offered, and the plurality in vokes, no evidence that the risk of a pro-incumbent advan tage has been realized; in fact, the record evidence runs the other way, as the plurality concedes. See ante, at 22 (“the record does contain some anecdotal evidence support ing the respondents’ position, namely, testimony about a post-Act-64 competitive mayoral campaign in Burlington, which suggests that a challenger can ‘amas[s] the re sources necessary for effective advocacy,’ Buckley, 424 U. S., at 21”). I would not discount such evidence that 8 RANDALL v. SORRELL SOUTER, J., dissenting these low limits are fair to challengers, for the experience of the Burlington race is confirmed by recent empirical studies addressing this issue of incumbent’s advantage. See, e.g., Eom & Gross, Contribution Limits and Disparity in Contributions Between Gubernatorial Candidates, 59 Pol. Research Q. 99, 99 (2006) (“Analyses of both the number of contributors and the dollar amount of contribu tions [to gubernatorial candidates] suggest no support for an increased bias in favor of incumbents resulting from the presence of campaign contribution limits. If anything, contribution limits can work to reduce the bias that tradi tionally works in favor of incumbents. Also, contribution limits do not seem to increase disparities between guber natorial candidates in general” (emphasis deleted)); Bard- well, Money and Challenger Emergence in Gubernatorial Primaries, 55 Pol. Research Q. 653 (2002) (finding that contribution limits favor neither incumbents nor challeng ers); Hogan, The Costs of Representation in State Legisla tures: Explaining Variations in Campaign Spending, 81 Soc. Sci. Q. 941, 952 (2000) (finding that contribution limits reduce incumbent spending but have no effect on challenger or open-seat candidate spending). The Legisla ture of Vermont evidently tried to account for the realities of campaigning in Vermont, and I see no evidence of con stitutional miscalculation sufficient to dispense with respect for its judgments. III Four issues of detail call for some attention, the first being the requirement that a volunteer’s expenses count against the person’s contribution limit. The plurality certainly makes out the case that accounting for these expenses will be a colossal nuisance, but there is no case here that the nuisance will noticeably limit volunteering, or that volunteers whose expenses reach the limit cannot continue with their efforts subject to charging their candi Cite as: 548 U. S. ____ (2006) 9 SOUTER, J., dissenting dates for the excess. Granted, if the provisions for contri bution limits were teetering on the edge of unconstitution ality, Act 64’s treatment of volunteers’ expenses might be the finger-flick that gives the fatal push, but it has no greater significance than that. Second, the failure of the Vermont law to index its limits for inflation is even less important. This challenge is to the law as it is, not to a law that may have a different impact after future inflation if the state legislature fails to bring it up to economic date. Third, subjecting political parties to the same contribu tion limits as individuals does not condemn the Vermont scheme. What we said in Federal Election Comm’n v. Colorado Republican Federal Campaign Comm., 533 U. S. 431, 454–455 (2001), dealing with regulation of coordi nated expenditures, goes here, too. The capacity and desire of parties to make large contributions to competi tive candidates with uphill fights are shared by rich indi viduals, and the risk that large party contributions would be channels to evade individual limits cannot be elimi nated. Nor are these reasons to support the party limits undercut by claims that the restrictions render parties impotent, for the parties are not precluded from uncoordi nated spending to benefit their candidates. That said, I acknowledge the suggestions in the petitioners’ briefs that such restrictions in synergy with other influences weaken ing party power would justify a wholesale reexamination of the situation of party organization today. But whether such a comprehensive reexamination belongs in courts or only in legislatures is not an issue presented by these cases. Finally, there is the issue of Act 64’s presumption of coordinated expenditures on the part of political parties, Vt. Stat. Ann., Tit. 17, §2809(d) (2002). The plurality has no occasion to reach it; I do reach it, but find it insignifi cant. The Republican Party petitioners complain that the 10 RANDALL v. SORRELL SOUTER, J., dissenting related expenditure provision imposes on both the candi date and the party the burden in some circumstances to prove that coordination of expenditure did not take place, thus threatening to charge against a candidate’s spending limits some party expenditures that are in fact independ ent, with an ultimate consequence of chilling speech. See Brief for Respondent/Cross-Petitioner Vermont Republi can State Committee et al. 45–46. On the contrary, how ever, we can safely take the presumption on the represen tation to this Court by the Attorney General of Vermont: the law imposes not a burden of persuasion but merely one of production, leaving the presumption easily rebuttable. See Tr. of Oral Arg. 39–41 (representation that the pre sumption disappears once credible evidence, such as an affidavit, is offered); see also Brief for Respondent/Cross- Petitioner William H. Sorrell et al. 48 (the presumption “contributes no evidence and disappears when facts ap pear. In a case covered by the presumption, a political party need only present some evidence that the presumed fact is not true and the presumption vanishes. . . . Simple testimony that the expenditure was not coordinated would suffice to defeat the presumption” (citations, internal quotation marks, and alterations omitted)). As so under stood, the rebuttable presumption clearly imposes no onerous burden like the conclusive presumption in Colo rado Republican Federal Campaign Comm. v. Federal Election Comm’n, 518 U. S. 604, 619 (1996) (principal opin ion), or the nearly conclusive one in Riley v. National Fed eration of Blind of N. C., Inc., 487 U. S. 781, 785–786 (1988). Requiring the party in possession of the pertinent facts to come forward with them, as easily as by executing an affi davit, does not rise to the level of a constitutionally offensive encumbrance here. Cf. County Court of Ulster Cty. v. Allen, 442 U. S. 140, 158, n. 16 (1979) (“To the extent that a pre sumption imposes an extremely low burden of production— e.g., being satisfied by ‘any’ evidence—it may well be that its Cite as: 548 U. S. ____ (2006) 11 SOUTER, J., dissenting impact is no greater than that of a permissive inference”). IV Because I would not pass upon the constitutionality of Vermont’s expenditure limits prior to further enquiry into their fit with the problem of fundraising demands on candidates, and because I do not see the contribution limits as depressed to the level of political inaudibility, I respectfully dissent.