Just what we need. Less transparency, more reliance on corporate contributions, more politicians beholden to their corporate masters. WTF??
From HuffPost:
WASHINGTON — Eager to cut spending, the Republican-controlled House voted to end multimillion-dollar federal subsidies for presidential candidates and national political conventions on Wednesday, the first of what party leaders promised will be weekly, bite-sized bills to attack record deficits.
The 239-160 vote sent the measure – and the fate of the familiar $3 check-off box on income tax returns – to the Senate, which is controlled by the Democrats.
"Eliminating this program would save taxpayers $617 million over ten years, and would require candidates and political parties to rely on private contributions rather than tax dollars," said Majority Leader Eric Cantor, R-Va., "In times when government has no choice but to do more with less, voting to end the Presidential Election Campaign Fund should be a no brainer."
Gah.
