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WASHINGTON, D.C., April 7, 2014– A day after the Supreme Court of the United States declined to limit federal campaign donations by upholding Citizens United, President Obama quietly signed into law new legislation that ended the public financing of presidential campaign conventions.
“It’s good news to the taxpayers of America that after something like three decades, we will not be using tax money to pay for the political conventions,” Senate Minority Leader Mitch McConnell (R-Ky.) said after the measure cleared the Senate last month. “For balloons and all of the rest that are part of a political convention, that ought to be paid for by willing donors, not by the taxpayers of the United States.”
Obama championed the bill “a wonderful way to remember a wonderful girl”, while never mentioning its related requirement to “terminate the entitlement of national committees of eligible political parties to payments from the Presidential Election Campaign Fund.”
This bill takes a cynical approach to two serious problems,” said Common Cause President Miles Rapoport. “First, it strengthens the hold of millionaire donors, corporations, trade groups and other special interests on our political parties and their candidates. Those big donors will swoop in to cover convention expenses now absorbed by public funds, and they’ll extract all manner of special favors in return.”
The legislation also falsely purports to divert the $36 million now available every four years for conventions to support research into childhood diseases, Rapoport said. In fact, that money would be appropriated through the normal congressional review process, with no guarantee that it would wind up helping sick kids.
Many oppose the bill. In fact, many Democrats were furious. House Minority Speaker Nancy Pelosi (D- Calif.) voiced extreme opposition to the bill. Common Cause, a nonpartisan government watchdog, called the move a step in the wrong direction.
“It strengthens the hold of millionaire donors, corporations, trade groups and other special interests on our political parties and their candidates,” warned Common Cause president Miles Rapoport. “Those big donors will swoop in to cover convention expenses now absorbed by public funds, and they’ll extract all manner of special favors in return.”
www.commoncause.org...
Aliensun
reply to post by speculativeoptimist
Now if we could just get him to sign a bill eliminating paid vacations for Presidential families, I would be tickled.
Well this is interesting just days after SCOTUS determined no limits on contributions. - See more at: www.abovetopsecret.com...
ketsuko
reply to post by neo96
Well, fair is fair. The way it was before only unions could buy politicians, and you know who they bought. Now, everyone can buy someone.
So, what do you do?
reply to post by speculativeoptimist
Many oppose the bill. In fact, many Democrats were furious. House Minority Speaker Nancy Pelosi (D- Calif.) voiced extreme opposition to the bill. Common Cause, a nonpartisan government watchdog, called the move a step in the wrong direction.
“It strengthens the hold of millionaire donors, corporations, trade groups and other special interests on our political parties and their candidates,” warned Common Cause president Miles Rapoport. “Those big donors will swoop in to cover convention expenses now absorbed by public funds, and they’ll extract all manner of special favors in return.”
www.commoncause.org... - See more at: www.abovetopsecret.com...
speculativeoptimist
reply to post by neo96
Thanks for the clarification.
So do you think this is good or bad for US?
speculativeoptimist
reply to post by greencmp
Not his ideas necessarily, more of a response to Citizens United, but he is the commander in chief so if is not his idea, he must still be in support of it and granted the power for utilization. I apologize if I implied it was all him. The title kind of makes it sound that away though.
I am curious how this helps Citizens United specifically.edit on 7-4-2014 by speculativeoptimist because: (no reason given)
vor78
reply to post by Kali74
I absolutely agree with you. Its been my belief for quite some time that our election campaigns should have a system of 100% public financing.
vor78
reply to post by Kali74
I absolutely agree with you. Its been my belief for quite some time that our election campaigns should have a system of 100% public financing.