Friday, January 4, 2013

The American Anti-Corruption Act

 The American Anti-Corruption Act:

Stop politicians from taking bribes

Prohibit members of Congress from soliciting and receiving contributions from entities, special interests, and lobbyists from industries they regulate.

Members of Congress who sit on powerful committees get extraordinary amounts of money from special interests regulated by those committees. Politicians routinely host fundraisers, and invite lobbyists to contribute to their campaigns. The result is a Congress made up of politicians dependent on those special interests to raise the money necessary to win reelection. Politicians are forced to create laws that are favorable to those interests, often at the expense of the public interest.
 Prevent job offers as bribes

Close the “revolving door” so that elected representatives and their senior staff can no longer sell off their legislative power in exchange for high-paying jobs when they leave office: seven years for all members of Congress, five years for senior congressional staff. (Currently two years for Senators, one year for Representatives, and one year for senior staff.)

Today, politicians routinely move straight from Congress to lucrative lobbying jobs on K Street, in order to influence their former colleagues and friends. Senior staffers who work for congressmen do the same thing. This corrupts policymaking in two ways: members and their staff anticipate high-paying jobs with lobbying firms, and routinely do favors to their future employers while still in Congress; and once out of congress they enjoy undue access and influence to members of Congress. The biggest spenders hire these influencers, and win policy as a result.
 Download the full American Anti-Corruption Act
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