Alan Grayson Introduces Bills To Fight Corporate Influence
"We are facing a potential threat to our democracy," Grayson said in an interview with HuffPost. "Unlimited corporate spending on campaigns means the government is up for sale and that the law itself will be bought and sold. It would be political bribery on the largest scale imaginable."
At issue in the Supreme Court case is whether the government can limit corporate spending during presidential and congressional campaigns. The case is pitting Citizens United, a conservative group, against the Federal Election Commission. The FEC banned ads for Citizens United's film bashing Hillary Clinton during the 2008 election season. www.huffingtonpost.com
Anticipating that the SCOTUS will rule in favor of Citizens Untied, Grayson has introduced several measures on Wednesday. Most notably: The Business Should Mind Its Own Business Act, The Corporate Propaganda Sunshine Act and the End Political Kickbacks Act. If passed, these bills would impose a 500% excise tax on corporate political contributions...., (The Business Should Mind Its Own Business Act), require public companies to report what they spend to influence public opinion on any matters except promotion of their goods and services, (The Corporate Propaganda Sunshine Act), and restrict political contributions by government contractors (End Political Kickbacks Act).
Critics contend that Grayson's Bills focus too much on corporation, and does not focus on unions and non profit corporations contributions to campaigns. Grayson counters, "One years profit for Exxon is grater than the entire expenditure of all unions put together." Grayson noted that he was sending a message that citizens are paying attention to the US Supreme Court and added, " I don't think the teabaggers would be very happy if our government was bought and paid for by a huge national corporation."
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New York, United States