People For the American Way

Senate Holds Hearing on Need for Disclosing Money in Federal Elections

If sunlight is the best disinfectant, our system of funding elections could use a whole lot more of it. This morning a Senate committee is holding a hearing on the DISCLOSE Act and the need for increased transparency surrounding money in federal elections.

Disclosure of political spending is key to the functioning of a democracy, allowing voters to understand who is behind political information and what the funder’s agenda may be. Even in the Supreme Court’s damaging Citizens United decision that opened the door to unlimited corporate political spending, eight of the nine justices supported disclosure laws.

Unfortunately, as Rep. Chris Van Hollen recently noted in an op-ed, “the floodgates were opened to outside spending, but the disclosure has yet to follow.” He wrote:

At the time, many were concerned that corporations would be pressured to open up their corporate coffers for the purpose of making political expenditures but would prefer to do so anonymously to avoid the backlash from their customers or shareholders. Four years later, in light of experiencing the two most expensive elections in history since the decision, it appears that these fears were well-founded. Outside money has poured into campaigns and it has done so under the cover of darkness, as a cottage industry has emerged to funnel money from corporations and others, into federal elections through non-profit groups that are not required to disclose their donors.

The current influx of dark money into our democracy threatens the integrity of our political system, and Americans know it. Click on our graphic below below to share it on Facebook and show your support for increased transparency of political money: