Sen. Sheldon Whitehouse (D-R.I.) and eight other Senate Democrats proposed new legislation on Tuesday that seeks to counteract the 2010 Citizens United case in which the Supreme Court ruled that the government cannot limit political spending by corporations, unions or other groups.
Democrats reacted to that ruling two years ago with a bill that would have required these groups to report all campaign spending of $600 or more to the Federal Election Commission.
The new DISCLOSE Act of 2012, S. 3369, would not require disclosure until these groups spend $10,000 or more in aggregate, and would also remove other pieces from the 2010 bill in a bid to streamline it and make it easier for companies and other groups to comply.
via thehill.com
