Page 4 - 501c4 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Super pacs, seeing they have mastered the fund-raising game, democratic donors have cast aside their objections to the super pacs in the name of pr magmatism. we're not seeing political nonprofits, 501c4, the horrible term, terrible for tv, but it's what they're called. a vast amount of money flowing through the 501 c4 groups into campaign and most of that money, not all, but most is benefiting republican candidates and here's the problem. we don't know how much they've raised because they aren't required to disclose it. >> but, nick, let me ask you, you covered this subject a lot. what works ...

Democrats on the democratic irs and under the democratic administration had anything to do with this? >> the inspector general said, in essence, no. let me point out very clearly the 501c4 -- >> if they would just simply do an audit. they haven't completed their investigation. >> 501c4's are for entities that are involved until social welfare. not politics. as i said in 2012 -- >> wait a minute. priorities, usa, or at least as involved as crossroads gps. i mean, the irs did nothing to look at those liberal groups, but they went after groups. i mean, we have a point at which two liberal campaig...

Talks about how effective the conservative groups were in their messaging and how she needed to address that. >> so, do you believe after looking at this report, then, that this whole situation begins and ends with lois lerner? >> well, it certainly begins with lois lerner, but doesn't end there. the american people deserve the truth. we need to get to the bottom of it. she is the key part of this. additionally, we know that those above her knew what was going on. we look at this and we see that, indeed, she was planning to change the rules for the 501c4 because of their effectiveness and she'...

Guidelines. how are they different than how they were trying to put the screws to you guys before? >> they're basically formalizing what they were doing to tea party groups on an ad hoc basis making it very tkeufl -- difficult to participate in the political process to do registration. for any tea party that participates in a 501c4, this makes it incredibly difficult. >> in what way? >> everything they would do from voter registration to talking about a voter record, talking about judicial nominees 90 days before an election, all of that would be deemed as political activity and go against the...

>> it depends on what you define as collapse. a spiral -- so-called death spiral which premiums and deductibles are both rising, yeah. bill: 90 seconds. you run american crossroads. as far as i can tell that's what the most successful political group raising money for the 2012 election. >> crossroads gps which is the 501c4. american crossroads is a 527. bill: the irs and thed administration is going to crack down on these groups, what do you think of that. >> it didn't matter for decades when they were primarily democrat groups it was when