[Congressional Record Volume 156, Number 72 (Thursday, May 13, 2010)]
[House]
[Page H3443]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE DISCLOSE ACT
(Mr. HEINRICH asked and was given permission to address the House for
1 minute.)
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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