OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

The Disclose Act

Date: May 13, 2010
Location: Washington, DC
Issues: Judicial Branch Campaign Finance

Mr. HEINRICH. Madam Speaker, like most Americans I am outraged by the Supreme Court's decision in the Citizens United case that overturned decades of law that prohibited corporations from spending unlimited money in political campaigns. The Citizens United decision was a victory for the Wall Street banks, credit card companies and Big Oil, but it was a slap in the face to average Americans.

Today, I am proud to announce that I am cosponsoring the Disclose Act, which is a direct response to the Citizens United decision. The Disclose Act will increase transparency and disclosure of political spending. It will prevent foreign corporations from places like Venezuela and Saudi Arabia from influencing American elections, and it will ensure that corporations that took money in the Bush bailout can't spend that money to influence our elections.

It is time we put the American voter first and stop corporate excess in our elections. The Disclose Act will do just that.


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