President Biden to Introduce Campaign Finance Reform Bill - YES!
https://www.nasdaq.com/articles/biden-to-push-election-dark-money-disclosure-bill-doomed-to-fail-in-congress
At long last a President is attempting meaningful campaign finance reform and expose "Dark money" campaign contributions (i.e. bribery). Thank you President Biden for having the courage to take on this essential battle! It is likely the bill will not pass the senate as it would take 60 votes and Republicans will all vote against it. But this is an opening skirmish in a war to end corporate money corrupting our politics.
"WASHINGTON, Sept 20 (Reuters) - U.S. President Joe Biden will speak on Tuesday about a bill that would require super PACs and certain other groups to disclose donors who contributed $10,000 or more during an election cycle, a measure doomed to fail due to lack of Republican support.
The bill is slated for a Senate vote this week, top Senate Democrat Chuck Schumer said on Monday, as Democrats seek to boost election transparency ahead of the November midterms after failing to pass more ambitious voting rights legislation earlier this year.
"Republicans, including Texas senator Ted Cruz, have argued that companies have the right to express themselves through anonymous donations. Democrats say such 'dark money' donations have warped the political system, resulting in laws that do not reflect the majority of Americans' views.
"There is no justification under heaven for keeping such massive contributions hidden from the public," Schumer said.
At long last a President is attempting meaningful campaign finance reform and expose "Dark money" campaign contributions (i.e. bribery). Thank you President Biden for having the courage to take on this essential battle! It is likely the bill will not pass the senate as it would take 60 votes and Republicans will all vote against it. But this is an opening skirmish in a war to end corporate money corrupting our politics.
"WASHINGTON, Sept 20 (Reuters) - U.S. President Joe Biden will speak on Tuesday about a bill that would require super PACs and certain other groups to disclose donors who contributed $10,000 or more during an election cycle, a measure doomed to fail due to lack of Republican support.
The bill is slated for a Senate vote this week, top Senate Democrat Chuck Schumer said on Monday, as Democrats seek to boost election transparency ahead of the November midterms after failing to pass more ambitious voting rights legislation earlier this year.
"Republicans, including Texas senator Ted Cruz, have argued that companies have the right to express themselves through anonymous donations. Democrats say such 'dark money' donations have warped the political system, resulting in laws that do not reflect the majority of Americans' views.
"There is no justification under heaven for keeping such massive contributions hidden from the public," Schumer said.
