Page 44 - C 4 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Was authorized to do, but lerner took it upon herself to do this. and you just can't bungle something this badly. now, i want to be very clear, the irs has an obligation to investigate. i don't like your use of the word "target." if you file a request tax exempt status and write on your application we're going to be engaged in political activity, irs is required by congress to investigate you, on the other hand, congress has also said you can declare you're a 501 c-4 organization, we need to fix that. my column says you can fix this with eight words, all they have to do is put in section 501 c...

Take up the -- >> do we have an hour? >> proposal that you raised which is that the democrats in congress proposed the act that there was a time where disclosure was a bipartisan solution. remember 527s used to not disclose. then there was a 527 disclosure bill which was a bipartisan bill. it was supported by democrats and republicans alike. democrats proposed the act as a way to disincentivize one type of tax entity versus another. 527 or 501-c-4. without it create a relatively equal playing field and money would be disclosed. and i think -- and remember,sy sense united the supreme court uphe...

Bernstein made, again, i just -- interested me because if the reality of the supreme court decision is the money will be out there and we are basically seeing unlimited money in politics now, except it is taking different forms, not directly going into mitt romney's campaign, but it is popping up in a 501-c-4 and super pac, something like that. you put that in the sunlight it goes to the campaign directly and not fudging it and no cuteness. we know who you are giving to, we know you are. we say that there's also going to be public financing because the other point he makes is let's be honest. ...

Were not allowed to influence elections but now are. the supreme court when they allowed this money to go in, assumed it would be disclosed. and yet it is not. the congress can take really common sense steps to, a, pass entirely disclosure legislation that would disincentivize people from setting up the c-4 groups which can serve as the vehicles for dark money. c-4 groups spend $250 million on those types of ads in the 2012 election without telling the american public who was funding their sources. that's the real scandal here. we can have -- disclosure legislation and you can bar c-4s set u...

Looking after -- groups on the right, right now thinks the irs is really out to get them. and yet, it is the irs right now that's charged with overseeing these groups with all the -- money is sort of proliferating. is it -- feasible that we are going to get any reforms since the irs is going to have to implement this in the reform? >> at least people are talking about it. i mean, feel like last year i was covering the subject the entire year and a lot of times you felt like you were right into this vacuum. nobody was paying attention to. the last week i feel like people at least know that ther...