The “Government by the People Act”, proposed by N. Pelosi and J. Sarbanes in a WP op-ed,
is presented as one of the first concrete steps towards the removal of the influence of quasi-unlimited money in US politics.
The act doesn’t limit the amount of money that corporations, PACs, etc can pay but rather takes the opposite approach, by encouraging and subsidizing citizen participation.
The influence of money on American politics has exploded since the Citizens United ruling
… resulting in often disturbing bias
. [more inside]
How John Roberts Orchestrated the Citizens United decision. [more inside]
Why Citizen's United isn't the problem, and why Stephen Colbert is missing the mark
. [more inside]
Red money, blue money: The making of the 2012 campaign.
"More than 80 percent of giving to Super PACs so far has come from just 58 donors, according to the Center for Responsive Politics analysis of the latest data, which covers the first half of 2011." This Salon piece details who the (surprisingly small) number of large donors are, and the SuperPACs they donate to.
The latest attempt to mitigate the impact of the Citizens United
decision has failed, with an attempt to pass transparency rules for corporations funding political advertising failing to reach cloture
. Obama comments on this vote in his most recent weekly address
Citizens United v Federal Election Commission
(2010) held that corporate funding of independent political broadcasts in candidate elections cannot be limited under the First Amendment. [more inside]