White House Officially Endorses Disclose Act

Monday, 21 Jun 2010 03:46 PM

  Comment  |
   Contact  |
  Print  
|  A   A  
  Copy Shortlink
The White House on Monday offered its backing for the DISCLOSE Act, bill written to amend campaign-finance law in the wake of the Supreme Court's Citizens United decision.

Previously, the Obama administration's support had been confined to a blog post by one of its spokesmen.

The DISCLOSE Act – Democracy is Strengthened by Casting Light on Spending in Elections – would require corporations, unions and advocacy groups to reveal their roles in political ads or mailings in the closing months of a campaign.

 

The measure is vehemently opposed by the U.S. Chamber of Commerce, which has launched a new ad blitz against it, and some other special-interest groups that see it as an attempt to muzzle their involvement in the political process.

While calling the current version of the bill less than “perfect,” the administration insisted that a new campaign finance law would provide "unprecedented transparency" and was greatly needed to add order and disclosure to the campaign finance system.

The White House statement:

“The Administration strongly supports House passage of H.R. 5175. The Administration believes the DISCLOSE Act is a necessary measure so that Americans will know who is trying to influence the Nation's elections. H.R. 5175 also prevents those who should not interfere in the Nation's elections - like corporations controlled by foreign interests - from doing so. Unless strong new disclosure rules are established, the Supreme Court's decision in the Citizens United case will give corporations even greater power to influence elections. This bill is not perfect. The Administration would have preferred no exemptions. But by providing for unprecedented transparency, this bill takes great strides to hold corporations who participate in the Nation's elections accountable to the American people. As this is a matter of urgent importance, the Administration urges prompt passage of the DISCLOSE Act.”

Read more about DISCLOSE at The Huffington Post.



© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved