a 527 is not a bird or some new model of aircraft, but it is the Superman or super weapon of this political season. Operating under section 527 of the Internal Revenue Code, these new political groups can spew out hate over the airwaves and fill our mailboxes with misinformation. These new political groups can take unlimited amounts of money, and they can take unlimited amounts of foreign money. The Iraqis, the Cubans, the Chinese can pour money into these secret Swiss accounts of the political season and use it to spew out more hate over the airwaves. The favorite feature of those who rely on 527s is that they can hide every bit of any dirty money that they collect. They can keep their sources secret. Unfortunately, the House Republican leadership is so tied to these secret political accounts and so reliant on campaigns of hate that they will finance in the Fall that they are denying this House today the opportunity to require these groups to disclose their contributors. This is wrong, and the House should reject this tactic.
Editor's note · Context
Discussing the influence of 527 political groups and the need for transparency in campaign financing.
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