Senate Republicans blocked a Democratic campaign finance bill Tuesday
Finance Thursday, July 29th, 2010
The proposed law would have required that chief executives appear at the end of political ads, claiming responsibility for the material. The law also would have banned foreign corporations or governments, large government contractors, and federal bailout recipients from spending money in US elections.“It is incredible that we now have to struggle to find a supermajority – 60 senators – even just to debate a bill whose principles both parties once supported and that 9 in 10 Americans want us to pass,” said Senate majority leader Harry Reid during Tuesday afternoon’s floor debate.
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Tags: Bailout, Campaign Finance Bill, Chief Executives, Claiming Responsibility, Corporations, Democratic Campaign, elections, finance bill, Floor Debate, Government Contractors, Governments, harry reid, Political Ads, Senate Majority Leader, Senate Majority Leader Harry, Senate Majority Leader Harry Reid, Senate Republicans, Senators, Spending Money, Tuesday Afternoon
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