Executive Appeal
After the Supreme Court reversed campaign finance law to allow corporations to openly fund political campaigns, 40 executives are asking Congress to pass tough laws in favor of public financing. “About 40 current and former corporate executives have a message for Congress: Quit hitting us up for campaign cash. In a letter to Congressional leaders on Friday, the executives urged Congress to approve public financing for House and Senate campaigns. They sent the letter a day after the Supreme Court struck down limits on corporate spending in elections. ‘Members of Congress already spend too much time raising money from large contributors,’ the letter said. ‘And often, many of us individually are on the receiving end of solicitation phone calls from members of Congress. With additional money flowing into the system due to the court’s decision, the fund-raising pressure on members of Congress will only increase.’”