Tuesday, July 27, 2010
A day after President Obama's much-publicized scolding of Republicans on campaign finance reform, Senate Democrats failed to garner 60 votes to advance Senator Schumer's revamped DISCLOSE Act. (The House passed the earlier version last month.) The bill increases disclosure requirements for corporations and labor unions engaged in electioneering communications in response to the Supreme Court's ruling in Citizens United v. FEC. Schumer modified his original bill in order to attract Republican support--most likely from Senators Snowe, Collins, or Brown--in order to break the GOP filibuster.
Democrats will try again, and Schumer told The Hill that he would consider making additional changes to the bill to continue to try to attract a Republican.