Zero Republicans Vote for Bill That Would Expose Billionaire Dark Money Donors

Thursday’s Senate vote against a bill to expose dark-money political donors with deep pockets and increase campaign transparency resulted in a 0 Republican vote. This allowed billionaires and special interest groups to continue exercising huge influence over elections and little accountability.

The DISCLOSE ActSen. Sheldon Whitehouse (D – Rhode Island), introduced the legislation. failed49 votes to 49, which is less than the 60-vote threshold needed to move the bill forward. Nearly every Republican in the Senate, except for one who didn’t cast a vote, voted against the legislation that campaign transparency advocatesAnd government watchdogsIt is vital to stop the flood of cash from wealthy dark-money donors that has been unleashed by Citizens United v. Federal Election Commission (FEC), 12 years ago.

Endorsed by President Joe Biden, the DISCLOSE Act requires dark money groups — trade associations, shell corporations that give to Super PACs, tax exempt so-called “social welfare” groups, and more — to disclose donors who give $10,000 or more during an election cycle. Koch Industries and The U.S. Chamber of Commerce can be contacted. some of the largest dark money groupsPolitics today

Democrats lamented the failure of the bill, saying that it exposes Republicans’ motivation to keep the flow of dark money running.

“Today, Senate Republicans stood in lockstep with their megadonors and secretive special interests to protect the most corrupting force in American politics — dark money,” Whitehouse saidIn a statement following the vote. “The American people are fed up with dark money influence campaigns that rig their government against them and stymie their priorities.”

Various versionsSince then, the DISCLOSE Act has been in force. Citizens UnitedIn 2010, it was passed down. It was handed down in 2010. been blockedBy Republicans many timesThey are still there, even though they convenientlyWhen liberals are able to benefit from it, they can complain about dark money.

Watchdogs for the government say that passing the bill would be an important step toward combating billionaires’ and corporations’ influence in politics.

Many thanks to Citizens UnitedBillionaires and corporations can give unlimited amounts of money to influence elections. However, giving to dark money groups gives them anonymity. The decision unleashed a flood of dark money into politics. An analysis This was earlier in the yearIt was found that billionaires spend nearly $1 billion more each election cycle than they did before the decision. Their influence is so strong that, as this summer, they have spent nearly $1 billion more per election cycle than before. Nearly half of the funding — $89.4 million — raised by Republicans’ two largest super PACs at that point in the 2022 election cycle came from just 27 billionaires.

The DISCLOSE Act wouldn’t put restrictions on large donations — which advocates say is also needed — but would rather increase transparency around them. This could discourage donors giving large sums and would give the publicA better understanding of the people who are driving U.S. politics. Proposals tighten campaign transparency lawsThese are also widely popularThe public.

Barre Seid is a recent example of a significant dark money political donation. Who gave it?Leonard Leo, who was instrumental to nominating every right-wing Supreme Court justice sitting on the bench today, contributed over $1.6 million to a little-known dark-money group.

This is likely one of the largest single political donations ever made — and it was entirely legal thanks to Citizens United. It’s likely the donation was only made public because of a tip to journalists about the donation.

Biden cited this donation in a speechDISCLOSE Act to be passed on Tuesday. “Dark money has become so common in our politics, I believe sunlight is the best disinfectant. And I acknowledge it’s an issue for both parties,” he said. “But here’s the key difference: Democrats in the Congress support more openness and accountability. Republicans in Congress so far don’t.”