Here’s a letter from 232 trade associations and activist groups — national, state and local — that strenuously object to H.R. 5175, the anti-speech DISCLOSE Act.
The Schumer – Van Hollen bill and the manager’s amendment expected to be offered on the House floor have been crafted to disadvantage a specific category of speaker: for-profit corporations and the associations that represent them. The legislation places onerous restrictions on corporate free speech while ignoring unions’ immense political influence. Like the “card check” bill, this legislation changes election rules to give one side the upper hand.
The legislation’s sponsors admit that the bill’s purpose is to deter corporations from participating in the political process. Senator Schumer has said the bill will make corporations “think twice” before attempting to influence election outcomes, and that this “deterrent effect should not be underestimated.”
This is a direct assault on rights protected by the First Amendment, which the Supreme Court has said “‘has its fullest and most urgent application’ to speech uttered during a campaign for political office.”
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