Dear Mr. Hancock:
Thank you for writing to me to express your support for the Democracy Is Strengthened by Casting Light On Spending in Elections (DISCLOSE) Act. I appreciate hearing from you on this important issue, and I share your support for the goals of this bill.
I believe that it is of the utmost importance that we do not allow corporate money to disproportionately influence our elections.
As you may know, in Citizens United v. Federal Election Commission, a 5-4 majority of the Supreme Court reversed a century-old law and overruled decades of legal precedent when it decided that corporations cannot be restricted from spending unlimited amounts in federal elections.
The decision was astounding, not just because it was a gross display of judicial activism, but because it defies common sense for the Supreme Court to conclude that corporations are citizens, as you and I are, in the eyes of the law. Many corporations make enormous contributions to our society, but they are not people.
The DISCLOSE Act would lessen the harmful effects of the Court's ruling by prohibiting government contractors, foreign corporations, and companies that have received Troubled Asset Relief Program (TARP) funds from making political contributions.
This legislation would also prevent corporations, unions, and other organizations from coordinating campaign expenditures with political parties or candidates. It would establish tough new rules for reporting campaign spending in a timely manner so that the public can see exactly what organizations are spending on political activities.
Showing posts with label Election reform. Show all posts
Showing posts with label Election reform. Show all posts
Monday, November 22, 2010
Full Disclosure | a letter from my US senator about the DISCLOSE Act
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