David Schultz, Talking Points Memo - The U.S. Court of Appeals in Washington ruled 11-0 that a ban on federal campaign contributions by individuals who contract with the government is constitutional. After a wave of controversial decisions by Supreme Court that have unleashed a flood of big money into politics, this appeals court decision sends a clear message: Sometimes, more money in politics can be a very bad thing.
Americans agree. According to a poll from the New York Times, some 85 percent of the American people believe that the way political campaigns are funded needs either "fundamental changes" (39 percent) or "a complete rebuild" (46 percent)...
So can anything be done?
Actually, yes. All hope is not lost. And [the federal] court decision is a step in the right direction. America need not wait for Congress or the Supreme Court to come around. The president and various federal agencies have the power to make several small but important reforms. Here are four:
1) The president could issue an executive order to require federal contractors to disclose all political contributions they make and to bar contractors from bidding on federal contracts for two years if they spend too much to influence a federal race or a member of Congress. [The] ruling upholds a ban on individual “pay to play” contributions to prevent conflicts of interest or undue influence. A new order could build on that ruling.
2) The Securities and Exchange Commission could make a rule requiring publicly traded companies to disclose all expenditures of money for political purposes and to obtain shareholder assent to use money for these purposes.
3) To reduce candidates’ need for costly commercials, the Federal Communications Commission could issue require that broadcasters to provide reasonable free air time to all House, Senate, and Presidential candidates. The public owns the airwaves, so there is nothing to stop the FCC from doing this.
4) The IRS could require that non-profits whose major purpose is political advocacy register with the FEC and disclose their donors and expenditures.
These reforms are not enough, but they show that something can be done now—and they would give us the tools we need to better understand the money flooding our political system.
1 comment:
The senate ethics committee could investigate those who promote positions for which they have received campaign funding. That is only about 100 or so senators.
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