Jan Baran Comments on Money in Politics
Jan Baran, co-chair of Wiley Rein's Election Law & Government Ethics Practice, was interviewed by The New York Times to discuss the role of money in politics and the growth of Super PACs following the Supreme Court's 2010 Citizens United decision.
The Times reported that "so far, Mr. Obama, Mitt Romney and their respective parties have raised more than $1.2 billion - five times the amount raised by all 'Super PACs' combined - as they race frenetically for the cash they need to pay for television advertising, sophisticated technology and old-fashioned get-out-the-vote efforts."
But Mr. Baran, who has argued First Amendment cases before the Supreme Court, noted that while the Citizens United decision is often linked to an increase in corporate money, disclosure forms so far show that publicly traded companies have not taken advantage of the new rule.
"Super PACs have not spent a nickel of Fortune 500 money because they haven't gotten any," said Mr. Baran.
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