Tuesday, May 14, 2013

Will IRS Mess Undercut Campaign Finance Reform?

The scandal over IRS targeting of conservative and Tea Party nonprofits has at least one consequence so far: It has thrown the charge for campaign finance reform into disarray. Democrats in the Senate had planned on pushing for a new round of campaign finance reporting reforms aimed at limiting the impact of Super PACs and 501(c)4 "social welfare" groups, such as Karl Rove's Crossroads GPS, which proliferated after the Supreme Court's Citizens United decision in 2010. Now Senate subcommittee hearings planned for June are on hold, so that, as Subcommittee Chair Carl Levin, D-Mich., explained, senators can prepare to investigate the IRS issue as well. Officially, Democrats like House Speaker Nancy Pelosi insist that the IRS bias against conservative groups only underscores the need for campaign finance reform to clarify tax-exempt rules. But that is a position unlikely to win bipartisan support in Congress now. For more quotes from the politicos, check out the BuzzFeed article at http://www.buzzfeed.com/johnstanton/irs-scandal-could-blunt-potency-of-campaign-finance-reform

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