Our View: Congress should pass DISCLOSE Act
It's important for voters to know where candidates are getting their money.
Publication: Portland Press Herald
May 27, 2012
But since disclosure laws were created, new kinds of organizations that inject money into politics have sprung up. Nonprofit advocacy groups known as 527s, a reference to a section of the tax code, create issue ads that can help candidates. Super PACs allow corporations, unions and other associations to anonymously channel unlimited contributions into the electoral process. It is more sophisticated, but the effect is little different from the bag of cash that was once slid under the table.
This is the problem that the DISCLOSE Act is designed to fix, and Maine's members of Congress should get behind it in time for it to take effect in this political season.