May
2012
Saturday, October 02, 2010
NPR

Tracking Shady Money Trail Behind Mystery Attack Ads

Earlier this year, the Supreme Court lifted restrictions on how much money corporations could spend on political ads. The decision came about through a case called Citizens United v. the Federal Election Commission. Under the new rules, these groups are not required to say who they are or how they're funded, and it's very difficult to find out any information about them.

As a result of the Supreme Court's ruling, groups such as Americans for New Leadership and Concerned Taxpayers for America have come out to take advantage of the new rules. Some of these groups are known as 501c4's, which is a tax designation; others are simply referred to as "super-PACS."

Who is getting most of the money, and why now? Peter Overby, who covers money in politics for NPR, tells Guy Raz that court decisions such as Citizens United changed all of the rules.

These new rules "let corporations and unions spend as much as they want to attack or promote candidates," Overby explains. "They can't give money to the candidates, but they can be in the battle, running attack ads, which is what most of these groups do."

Posted by Editor on 10/02/10 at 06:44 AM •  (0) Comments

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