Monday, June 14, 2010

FEC ruling may exempt Citizens United from the DISCLOSE Act | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

FEC ruling may exempt Citizens United from the DISCLOSE Act | The Daily Caller :

The Supreme Court’s landmark 5-4 decision earlier this year in Citizens United v. Federal Election Commission, which upheld the right of corporations to make certain independent election expenditures, brought Democrats together for one overriding purpose: curbing the effects of the ruling.

The result of these efforts is the DISCLOSE Act, which if passed would restrict the election spending of companies that are partially foreign-owned and require corporations to tag sponsored advertisements with their names. (“When you buy toothpaste now, the money you spend can be used directly for television ads attacking people that you believe in without you even knowing,” states the bill’s website.)

But after a Thursday FEC vote, the proposed law — introduced to curb the effects of the court case that made Citizens United famous in the first place — may not even apply to the advocacy group any longer."

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