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In reply to the discussion: Following the media recently? Ever since the GOP took the USA to the brink of economic collapse... [View all]okaawhatever
(9,573 posts)for large money donors in the media. From Time magazine:
Why did Cruz do this? Because he opposes the DISCLOSE Act, a bill that would require super PACS, corporations, unions and other outside groups to disclose to the Federal Elections Commission when they spend more than $10,000 to air political campaign ads. Democrats and public interest groups have been urging passage of the bill as a way to bring greater transparency to political ad funding, but many conservative groups and lawmakers oppose the legislation. In April, Cruz and other GOP senators wrote a letter to the FCC saying the bill raises grave constitutional concerns for speech protected by the First Amendment.
Read more: http://business.time.com/2013/10/18/heres-why-sen-ted-cruz-is-blocking-fcc-nominee-tom-wheeler/#ixzz2ihJGT84G