By Taylor Lincoln, Director of Research, Congress Watch, Public Citizen.
It is universally recognized that the Supreme Court's Citizen's United v. Federal Election Commission opinion allowed corporations to spend unlimited sums to influence elections. Much less attention has been given to how much the opinion relied on the promise of disclosure.
But only part way into the first post-Citizens United political season, that promise has already been broken - and the last chance to repair it may have just passed us by.
In his majority opinion in Citizens' United, Justice Anthony Kennedy wrote, "[a] campaign finance system that pairs corporate independent expenditures with effective disclosure has not existed before today." The ban on corporate-funded electioneering ads instituted by the 2002 Bipartisan Campaign Reform Act (BCRA) was, Kennedy wrote, "premised on a system without adequate disclosure" such that "the public may not have been fully informed about the sponsorship of so-called issue ads." With disclosure, the public could evaluate issue ads and determine "whether elected officials are in the pocket of so-called moneyed interests."
Kennedy's clear implication was the public would know the sponsors of the ads that Citizens United permitted.
But no such assurance was in place when Citizens United was released. Although BCRA required prompt disclosure of the funders of electioneering communications, the practical effect of that mandate had already been eviscerated more than two years earlier, when the Supreme Court in Federal Election Commission v. Wisconsin Right To Life, Inc. lifted the ban on corporate funding for such messages. The FEC responded by relaxing the rules so that only contributors who gave money specifically earmarked for an ad had to be disclosed.

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