Democrats Ramp Up Dark Money Fight With Constitutional Amendment Bid

Posted by Mike Confino, September 10, 2014

citizensunited

Senate Democrats took the first step to try and stem the flood of unregulated dark money that’s swamped politics since 2010, with a first procedural vote on a constitutional amendment to allow stronger regulation of campaign finances.

The unregulated cash spigot opened in 2010, when the Supreme Court’s Citizens United decision reversed decades of precedent to allow corporations, unions and, ultimately, wealthy individuals to spend unlimited sums on political activity. The conservative majority on the high court opened the floodgates wider in April in its McCutcheon ruling by eliminating the overall limit on how much a single donor may give directly to all federal candidates and party committees.

via Democrats Ramp Up Dark Money Fight With Constitutional Amendment Bid.