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Federal court allows top donors to tax-exempt groups to remain secret
The D.C. Circuit Court on Tuesday ruled that tax-exempt groups like Crossroads GPS only had to disclose donors who give money for the specific purpose of funding campaign ads. The Court of Appeals reversed (PDF) the decision of a lower court, which held that the Federal Election Commission (FEC) had…
Goolsbee: Republicans ‘would classify Mitt Romney’s horse a small business’
Former Obama economic adviser Austan Goolsbee asserted on Sunday that Republicans “would classify Mitt Romney’s horse as a small business” if they thought it would help them convince Americans that taxes shouldn’t be raised on the wealthy. During an ABC News discussion about the federal deficit, The Wall Street Journal‘s…
Rep. Van Hollen on the tea party: Voters have buyer’s remorse
Rep. Chris Van Hollen (D-MD) said Wednesday that Democrats “had the momentum” going into the 2012 elections in November. “People absolutely do have buyer’s remorse,” he said on MSNBC. “They did not know what they were getting themselves into with this tea party dominated House, which has focused on providing…
Rep. Van Hollen pushes to enhance Super PAC disclosure
Rep. Chris Van Hollen (D-MD) plans to introduce legislation that would require Super PACS to more fully disclose donations and stand by their ads, according to The Huffington Post. The Supreme Court’s Citizens United ruling in January 2010 gave rise to Super PACS, officially known as independent-expenditure only committees. These…
Rep. Van Hollen blasts GOP over drug testing the jobless
Rep. Chris Van Hollen (D-MD) on Sunday slammed House Republicans for proposing that those who receive federal unemployment benefits should be forced to undergo drug testing. “I think the drug testing thing is a red herring,” he told C-SPAN’s Newsmakers. “The reality is that people are not out of work…
CBO: Budget deal cuts U.S. deficit in half over next decade
WASHINGTON (Reuters) – A sweeping U.S. budget deal has brightened the country’s fiscal outlook but unemployment will remain high over the near term, nonpartisan congressional forecasters said on Wednesday. The report by the Congressional Budget Office is likely to add fuel to the debate over jobs and the economy that…
Wall Street firms donated $11.2 million to members of debt ‘super committee’
The bipartisan “super committee” created by the debt ceiling deal is comprised of lawmakers who have received big bucks from special interest groups, according to a report by MapLight. The committee is tasked with finding at least $1.2 trillion in deficit cuts over ten years. In total, the twelve members…
14-term congressman loses seat in West Virginia
Representative Alan Mollohan, a 14-term Democrat, has become the first House member of the 2010 campaign to lose a re-election bid after a West Virginia state senator defeated him. Unofficial returns from Tuesday’s election showed state Senator Mike Oliverio leading Mollohan 56 percent to 44 percent in the primary vote…
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