June 24th, 2010
05:01 PM ET
8 years ago

House passes campaign finance legislation

 The U.S. House on Thursday passed a bill that would require most independent groups that pay for campaign ads to disclose their donors.

The U.S. House on Thursday passed a bill that would require most independent groups that pay for campaign ads to disclose their donors.

(CNN) - The U.S. House on Thursday passed a bill that would require most independent groups that pay for campaign ads to disclose their donors.

The measure passed on a 219-206 vote, with most Democrats in support and Republicans opposing. The Senate is considering taking up its own version of the bill.

Referred to as the "disclose act," the bill was pushed by House Democrats to respond to a Supreme Court ruling in January that struck down key provisions of campaign finance laws that restricted spending by corporations, unions and independent groups.

Filed under: Congress
soundoff (36 Responses)
  1. Muffet

    Wall Street crooks and failures, record number of bank failures, foreclosures, job loss, worst environment catastrophy EVER, towns flattened by tornatos, longest most costly wars in history (thanks to Bush and Cheney's thrust for oil), under financed education systems, unheard of number of Americans without health insurance. So folks are not happy with both parties....I think everyone needs to start with their own elected officials if they are wanting change. But Nooooo its easier to look at and blame congress as a whole....pluck up your own state rep and examine them closely. People want change but are unwilling to change the landscape in their own backyard! Last but not least....Let the campaign finance donor list begin!!! Wonder whose list BP is on??????

    June 24, 2010 05:06 pm at 5:06 pm |
  2. Randolph Carter, I'm no expert, but...

    Oooh, bold new legislation. This'll fix everything! Way to go above and beyond, congresscritters! Not! How about publicly financed elections, with each candidate getting the same amount, and kicking every single lobbyist out of DC? Now that might be a start. Have a nice day!

    June 24, 2010 05:07 pm at 5:07 pm |
  3. Marcus

    So the SCOTUS sold out the elections to any group with money to spend, and the Republicans doesn't wants that the public knows which group is spending it?
    Not very surprising...

    June 24, 2010 05:10 pm at 5:10 pm |
  4. Dano

    What could Republicans possibly find to fault with this measure? Are they saying NO just because it was introduced by Democrats – in which case they all need to be reminded of who they work for – or is there a more sinister reason they want to keep the identity of these donors secret?

    June 24, 2010 05:10 pm at 5:10 pm |
  5. Stacie

    Makes sense to me. If you donate to a cause or organization, you shouldn't be ashamed to have your name associated with it.

    June 24, 2010 05:14 pm at 5:14 pm |
  6. Who Cares?

    My God..Republicans voted against more disclosure of where the money comes from and who it goes to?

    I can't believe how much they hate America.

    June 24, 2010 05:17 pm at 5:17 pm |
  7. Sniffit

    "No mention of Franks (D) and Dodd(D) in the public outcry regarding the housing industry and dereguulation-which touched all of this off."

    1. Franks and Dodd championed additional regulation, not deregulation.

    2. Bush and the GOP championed deregulation of the financial industry during Clinton's presidency and then everyone from both parties stupidly went along with it.

    3. Blaming the Fannie/Freddie regulations for the economic collapse from which we're trying to recover is like blaming the woodcutter for an arsonist running off with the kindling to start a forest fire. Thousands of bad mortgages leading to thousands of foreclosures simply leads to banks owning thousands more properties (which they turn around and sell at foreclosure prices). On the other hand, financial institutions playing credit default swap derivative games with those mortgages, lying about their riskiness and overinsuring them based on those lies...that leads to Lehman folding when AIG can't afford to pay on the overinsured securities. Grow up, fool, and learn something.

    June 24, 2010 05:23 pm at 5:23 pm |
  8. NVa Native

    So as far as the right is concerned the need for transparency only applys to the Obama administration, labor unions, and the Democratic Party.
    And the Republicans wonder why they are known as hypocrites.

    June 24, 2010 05:24 pm at 5:24 pm |
  9. Sniffit

    No mention of how that vote breaks down? Was it split or not? I mean, most of us assume it was, but YOU'RE SUPPOSED TO TELL US. It's called journalism. Get some.

    June 24, 2010 05:25 pm at 5:25 pm |
  10. Victim of GOP Taliban

    Republicans claim to be in favor of transparency? Memo to the Tea Klux Klan: look at the voting record. Memo to the Conservative activists: why has Bush/Cheney refused to disclose whom they met with behind closed doors to form National Energy Policy?

    June 24, 2010 05:33 pm at 5:33 pm |
  11. steven harnack

    Now somebody has to make the Republicans explain to the American people what it is that they object to about this law. Make them explain it and then show it every day until November.

    June 24, 2010 05:34 pm at 5:34 pm |
  12. Larry

    It will get filibustered in the Senate by the corrupt, obstructionist Republican party.

    June 24, 2010 05:36 pm at 5:36 pm |
  13. ajax

    Barney Frank and Chris Dodd are the reason this legislation is back again .they screwed the system up the first time and cause the near collapse of Freddy Mac and Fannie Mae.Obama bailed the two enties out and now Congress is doing the same thing again.

    June 24, 2010 05:43 pm at 5:43 pm |
  14. Anne P

    Are we suprised the GOP opposed...now that's news! Muffet, you are right on target with your message!

    June 24, 2010 05:49 pm at 5:49 pm |
  15. GOP is bad for America

    This is great! I hope it passes the Senate as well. Our government is influenced way too much by large corporations as it is - we don't need to make it even worse. The supreme court decision is a travesty for democracy.

    June 24, 2010 05:50 pm at 5:50 pm |
  16. independent

    I am going to propse something that most Democrats would support and most Republicans would not.

    Until we eliminate business funding of campaigns, through business contributions, ads or soft money, completely, we will continue to have bought and paid for politicians (in both parties) making laws and policies which benefit the wealthy, stimatize the poor, and stagnate the middle class.

    All business money should be kept out of our elections. There is no altruism in business; it is quid pro quo. It must be stopped. No where in the constitution does it say that business entities are 'individuals' and have individual rights. Despite this, the activist GOP-dominated Supreme Court recently gave businesses greater influence in our elections, not less. This business influence will be the deathknell of democracy.

    June 24, 2010 05:52 pm at 5:52 pm |
  17. AmericanMade

    I beleave those that voted against did so because "MOST independent groups have to disclose". Not all. Same old political crap. My side will not have to. But your side must.

    It is not whats best for all. It is whats best for my political party.

    June 24, 2010 05:57 pm at 5:57 pm |
  18. Real Patriot

    Another shocking no vote from the GOP. Transparency promotes Democracy. Why do they hate this wonderful democracy????

    June 24, 2010 05:59 pm at 5:59 pm |
  19. Marko

    Sounds great if the NRA, AARP, etc. exemptions were taken out.

    June 24, 2010 06:01 pm at 6:01 pm |
  20. Steve in Oregon

    This vote tells you so much about the Republican party. And ti's one more reason that I've turned from red to blue ... after voting for every Republican from Nixon through Bush x 2.

    June 24, 2010 06:05 pm at 6:05 pm |
  21. Dan, TX

    Why would Republicans oppose this? I don't understand, can someone explain to me why Republicans would be against this?

    June 24, 2010 06:12 pm at 6:12 pm |
  22. NVa Native

    Of course we hear the lame talking point from Frank Luntz and fox about Fannie May and Bernnie Mac being the cause of the motrgage break down.
    Come on it, so it scared the feable minded followers for a little while, but really can't you come up with something new?
    Come on lies are the only thing you're good at, maybe try a new kool-aid flavor or something?

    June 24, 2010 06:13 pm at 6:13 pm |
  23. gt

    wonder if there is anything about unions or trail lawyers in the bill ,,,,,

    June 24, 2010 06:17 pm at 6:17 pm |
  24. Susan

    Now why would Republicans oppose a bill to make donors more transparent for all voters. Makes you wonder.

    June 24, 2010 06:24 pm at 6:24 pm |
  25. LacrosseMom(the real one)


    BTW: The Republicans are working hard to eliminate the inheritance tax, but VOTED NO to extend unemployment benefits for Americans who paid the unemployment benefit tax! SHAME on the GOP!

    June 24, 2010 06:52 pm at 6:52 pm |
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