As explained here, President Obama recently posted to the on-line community reddit that he could support a constitutional amendment to overrule the Supreme Court's controversial 2010 Citizens United ruling that unleased corporate campaign spending as never before. Here's what the President said:
Money has always been a factor in politics, but we are seeing something
new in the no-holds barred flow of seven and eight figure checks, most
undisclosed, into super-PACs; they fundamentally threaten to overwhelm
the political process over the long run and drown out the voices of
ordinary citizens. We need to start with passing the Disclose Act that
is already written and been sponsored in Congress – to at least force
disclosure of who is giving to who. We should also pass legislation
prohibiting the bundling of campaign contributions from lobbyists. Over
the longer term, I think we need to seriously consider mobilizing a
constitutional amendment process to overturn Citizens United (assuming
the Supreme Court doesn’t revisit it). Even if the amendment process
falls short, it can shine a spotlight of the super-PAC phenomenon and
help apply pressure for change.
