Washington (CNN) - Senate Republicans narrowly blocked Democratic campaign finance disclosure legislation in the Senate Tuesday after raising concerns the bill would curb freedom of speech and tilt campaign spending in favor of the Democrats.
A 57-41 vote fell short of the 60 votes needed for the Senate to cut off debate on the measure. Republicans unanimously opposed the measure while Democrats solidly backed it.
Democrats said the legislation - known as the DISCLOSE Act - would bring greater transparency to campaign contributions from corporations, labor unions, and other special interests, which were able to ramp up political spending in the wake of the Supreme Court's controversial ruling in Citizens United vs. Federal Election Commission earlier this year.
The bill would require organizations paying for political advertising to disclose the names of their top donors in the ads, similar to what now is required of political candidates for federal office.
Republicans accused Democrats of trying to preserve their majorities in the House and Senate by skewing the rules in the favor of labor unions, trial lawyers, and other Democratic-leaning groups. Democrats denied that was their motive, and made certain changes to the bill last week aimed at satisfying GOP critics.
The Republicans were not mollified.
Updated: 5:06 p.m.
Corporations are legal "persons" who now have the right to the best politicians money can buy.
Corporations have no moral or ethical responsibility – only fiduciary responsibility.
Corporations practice deceitfulness, as indicated by repeatedly lying, use of aliases, or conning others for profit – e.g., advertising.
Corporations have reckless disregard for safety of self or others; deaths are evaluated only with respect to the bottom line.
Corporations lack remorse.
Corporations have no empathy.
Corporations can't experience guilt, just the pain of lost profit.
The corporations that own the Republican party are sociopaths, and they aren't about to let anyone know who they are.
LBDC do you actually believe the tripe that you excrete, or do you just spew in order to parrot-worship the uber-partisan ditto-heads you hear on TV everyday?
Let's see, the last time the Dems were in charge, in the 1990s, they really screwed up the free market, didn't they?...I guess Clinton must have been able to pass all sorts of legislation through that [R] congress that was designed to curb success. Gosh I missed that....must have been all that record prosperity that diverted my attention.
You witless, neo-wingers are an embarassment to yourselves and to your country. Do you people have an ounce of sense left?
My question is simple, can we deport the Supreme Court Justices that opened this can of worms? And yes they are conservatives.
Please Dems. I implore you. Get out and vote in November. Don't be complacent. Keep the faith in Obama. He will pull us through this economic slump. Jobs will come back but it takes time. Don't think the Repugs will help put this Country get back on track. They are the ones who are responsible for this terrible downturn. Get out there and vote in the mid-terms. It's very important that you do. We have got to defeat this party of "NO". Our Country is depending on it.
Of the People, for the People and by the People. Now, why do see nothing here for them?