Political irony: That's probably the best definition for what happened Monday when when Sen. John McCain, R-Ariz., probably the only GOP lawmaker to express interest in the Disclose Act, rallied Michigan on behalf of GOP presidential hopeful Mitt Romney, who has turned his back on requests to be more open with his campaign finance.
McCain is the father of modern campaign finance reform. He was the coauthor of the Bipartisan Campaign Reform Act of 2002, popularly known as the McCain-Feingold Act. And he hasn't been shy about criticizing this year's conduits for big money, even if it ...Continue reading
Already in this election cycle, nonprofit groups using the cover of "issue advertisements"—thinly disguised attacks or promotions of a particular candidate—have spent about $30 million on general election ads, according to a new study. But only about $4.4 million of buys have been disclosed to the Federal Election Commission.
That’s because the issue ads, also known as "electioneering communications," must be disclosed to the FEC only when they air on TV or radio in the weeks immediately preceding an election. It's a quirk in the election law that offers another way for deep-pocketed donors to ...Continue reading