Bill Pascrell: “One of the most egregious newly legal big spenders are organizations operating as 501(c)(4) tax-exempt groups. They…”

“One of the most egregious newly legal big spenders are organizations operating as 501(c)(4) tax-exempt groups. They could easily be under section 527. We created a special section of the Tax Code precisely for tax-exempt political groups. No, they don't want to go under those groups, because if they go under those groups, they have got to tell us who is contributing to them. This is absolutely chicanery. These regulations aren't some wild- eyed, down-the-rabbit-hole conspiracy theory to prosecute the President's political enemies. The SPEAKER pro tempore. The time of the gentleman has again expired.”