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Hold Your Noses

Ruth Marcus on

WASHINGTON -- The so-called "Cromnibus" is an ugly piece of work. On balance, I'm glad -- no, make that relieved -- it passed.

The Cromnibus is the giant $1.1 trillion spending bill that will keep the government functioning -- no, make that open -- through the end of the fiscal year.

The nickname stems from its dual function as "continuing resolution" and "omnibus" spending bill, but I like the term for its echoes of cronut, the calorie-laden combination of croissant and doughnut. Like the cronut, the Cromnibus is stuffed with some things that aren't necessarily good for you.

Such as a toxic change in the campaign finance laws that helps usher back the bad old days of multimillion-dollar soft money donations to national political parties from wealthy individuals.

Without notice, without the legislative fig leaf of debate, the Cromnibus raised the limit tenfold for individual donations to the national party committees.

With the change, an individual could contribute $1.5 million during a two-year election cycle. A married couple -- call them Mr. and Mrs. Plutocrat -- could contribute $3 million. That's enough money to get the Republicans', or Democrats', attention. This is bipartisanship in the service of self-interest.

 

There is a reasonable argument against tight caps on giving to political parties in the aftermath of the Citizens United decision and other developments that enhanced the power of super PACs and even less transparent outside groups. With the cacophony of outside voices, the parties lose control of their message and their candidates, and the voters lose the ability to know what interests are financing the elections. The playing field could use some leveling.

Yes, but there remains a difference between the corrupting influence of money that flows straight to political parties and money that goes to outside groups. There was a reason Congress, just a dozen years ago, banned unlimited soft money donations from wealthy individuals, corporations and labor unions.

With this move, what comes next? And by what undemocratic, last-minute sleight of hand?

A similar case could be made against the stealth dismantling of part of the Dodd-Frank financial reform law passed in the aftermath of the 2008 economic collapse. As the White House said in not threatening to veto the spending bill, the Citigroup-authored change would "weaken a critical component of financial system reform aimed at reducing taxpayer risk."

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