Manufacturers oppose Disclose Act
The National Association of Manufacturers is not thrilled about the Disclose Act, which is up for a cloture vote in the Senate Tuesday that would end debate and clear the way for a final decision. The bill would impose tougher disclosure requirements on companies and many interest groups, but it's run into trouble because of a controversial carve-out for the gun lobby.
"As I have said in the past, this bill is a blatant attempt to move partisan legislation in advance of the November elections and has nothing to do with improving the conduct of elections," said NAM executive vice president Timmons. "We believe the bill's disclosure provisions could be used to create 'political enemies' lists or to promote 'boycotts' - all aimed at chilling companies' legitimate advocacy activities."
"More troubling is the special deal that was cut that would exempt specially chosen interest organizations and exclude others," Timmons added. "It was negotiated without the transparency the bill purports to champion and is the epitome of what Americans believe is wrong with politics today."
He may not have to worry. Looks like the Democrats don't have the 60 votes needed to break a filibsuter.
Jia Lynn Yang
July 27, 2010; 11:23 AM ET
Categories: Campaign finance , National Association of Manufacturers
Save & Share: Previous: Bond markets back to normal after financial reform scare
Next: The highest-paid CEOs of the past decade
The comments to this entry are closed.