Thursday, December 17, 2015

Common Cause – Omnibus Bill Would Invite More Secret Money Into Elections

Common Cause – Omnibus Bill Would Invite More Secret Money Into Elections



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For Immediate ReleaseOmnibus Bill Would Invite More Secret Money Into Elections

Common Cause Urges Lawmakers to Keep Government Open While Forging New Deal on Spending

Posted on December 16, 2015 

Statement by Common Cause President Miles Rapoport
“If Congress can’t pass a clean omnibus appropriations bill, it should go back to the drawing board and pass a resolution to keep the government open while it crafts a new omnibus bill without ideological riders or giveaways to wealthy special interests. 
“Americans deserve a normal budgeting process. The backroom negotiations that spawned this budget “compromise” also produced riders that will bring more secret money into the 2016 elections and perpetuate media monopolies that are gradually choking local broadcast coverage of campaigns.
“One rider invites political operatives to continue funneling hundreds of millions of dollars from undisclosed sources into a handful of sham, nonprofit "social welfare" organizations, blocking the Internal Revenue Service from drawing bright line rules that might limit that practice.
“Another rider blocks the Securities & Exchange Commission from requiring public companies to disclose their campaign spending. Over one million Americans, including many institutional investors, have filed comments urging the SEC to move forward on this rulemaking. Americans overwhelmingly support disclosure because they understand it would let them hold politicians accountable for the sort of special-interest horse-trading that has resulted in this bill.

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