Clips Round-up for 7/8/11
Ciara Torres-Spelliscy has this paper in the Georgia State University Law Review. The abstract begins: "This article will cover a short but tumultuous period in the history of campaign finance disclosure law from 2007 to 2010 to highlight the dramatic 180 degree turn that the law has taken on the issue of the constitutionality of disclosure within the past four years."
And the IRS is giving up on its look into the gift tax for donors that give to 501c(4) groups.
Congress/2012
"In fighting to hold on to the tax break, the industry has some major backers, with executives from Wal-Mart, J.P. Morgan and many other Fortune 500 companies all flying private jets." And here's Rep. Chris Van Hollen: "This was a very clear symbol of the fact that Republicans are willing to protect big-money interests and loopholes at any cost."
"The conservative group Crossroads GPS is going up with the second leg of its $20 million advertising blitz, including targeting five incumbent Democratic senators and some key House districts with ads on the budget and the national debt."
Another roundup of news stories on second quarter fundraising--including a fairly strong showing for Rep. Charlie Bass' (R-NH) Democratic opponent.
LOL: The DSCC sent a fundraising ask into the Koch Brothers. The Kochs respond. Do read this.
More movement on the tax repatriation holiday.
Texas Gov. Rick Perry backers get a super PAC.
If Congress keeps cutting its own budget, they are going to have to rely even more on lobbyists and special interests to write policy--and low-paid staffers will be concerned about their next job.
Union giving to federal candidates through the first three months of 2011 is doing significantly worse. Meanwhile Texas Gov. Rick Perry forms a Super PAC.
Other
Common Cause has filed a FOIA request with the U.S. Marshalls seeking information regarding Justice Clarence Thomas' travels.