Senate Democrats have offered a compromise to Republicans in hopes of getting just a solitary vote tomorrow on sweeping campaign finance disclosure laws.
Addressing GOP concerns that the DISCLOSE Act — which would require unprecedented transparency from organizations spending on campaigns — was authored in an attempt to change the course of the 2010 elections, Sen. Chuck Schumer (D-N.Y.) announced on Wednesday that he will move the start date for the legislation until next year.
"We are willing to change the effective date to January 2011 so that it won't apply to this November's election," Schumer said. "Even if we didn't take this step, the reality is, we are late enough in the election cycle that the law could not realistically take effect in time for this fall. But to show we are willing to work with Republicans, we would offer this as an amendment if we can get onto the bill."