New Campaign Finance Reform Bill Introduced

Sens Ron Wyden (R-OR) and Lisa Murkowski (R-AK) have introduced a campaign finance reform bill that could take a bite out of media buys by boosting disclosures and thus potentially discouraging buyers. The Follow the Money Act of 2013 would apply the same "I stand by this ad" disclosures to independent expenditures that they do for federal candidate ads as well as take other steps to standardize disclosures. If the bill passes, it would not take effect until the 2015-2016 election cycle.