Advertise On EU-Digest

Annual Advertising Rates

8/21/10

US Politics: Obama hits GOP on campaign finance - by Abby Phillip

President Barack Obama put the spotlight on the controversial Citizens United Supreme Court decision in his weekly address Saturday, and he blamed Republicans in Congress for blocking bipartisan efforts to regulate special interest funding in political elections.

Obama said the decision allows large corporations to spend unlimited amounts of money to influence elections. He raised the specter of special interest spending by foreign corporations, health insurance companies and the universally vilified BP, the oil giant blamed for the spill in the Gulf of Mexico.


“As part of this national conversation, Republicans have proposed better solutions to provide the fiscal discipline economists say is needed to get Americans working again,” said Rep. Charles Djou (R-Hawaii) in the Republican Weekly Address on Saturday. Djou called on Democrats to take action on $1.3 trillion in Republican-proposed spending cuts, which include proposals to cancel unspent stimulus funds — and Troubled Asset Relief Program bailout money — as well as a freeze on government pay and hiring.

No comments: