A Bill That Would Impose New Disclosure Rules Is Having Trouble Gaining Traction
Eliza Newlin Carney, National Journal
Jun 1, 2010
Critics have found a lot to hate about the so-called Disclose Act, the new campaign finance bill that congressional Democrats are pushing to enact by July 4.
Business leaders and conservative activists have launched a full-bore attack on the bill, which would impose new disclosure and disclaimer rules on politically active corporations and unions. Sen. Charles Schumer, D-N.Y., and Rep. Chris Van Hollen, D-Md., wrote the legislation as an antidote to the Supreme Court's January ruling to overturn the longtime ban on direct corporate and union campaign spending.
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