One of the overarching themes of the 99 Percent Movement is that our democracy is too corrupted by corporate special interests. This corruption was worsened last year by the Supreme Court’s Citizens United decision, which allowed for huge new unregulated flows of corporate political spending.
Yesterday, six Democratic senators — Tom Udall (NM), Michael Bennett (CO), Tom Harkin (IA), Dick Durbin (IL), Chuck Schumer (NY), Sheldon Whitehouse (RI), and Jeff Merkely (OR) — introduced a constitutional amendment that would effectively overturn the Citizens United case and restore the ability of Congress to properly regulate the campaign finance system.
The amendment as filed resolves that both Congress and individual states shall have the power to regulate both the amount of contributions made directly to candidates for elected office and “the amount of expenditures that may be made by, in support of, or in opposition to such candidates.”
“By limiting the influence of big money in politics, elections can be more about the voters and their voices, not big money donors and their deep pockets,” said Harkin of the amendment. “We need to have a campaign finance structure that limits the influence of the special interests and restores confidence in our democracy. This amendment goes to the heart of that effort.”