Government spending the true ‘dark money’ scandal
By Eric Wang
- The country is on the verge of barreling over a “fiscal cliff.”
- Absent any change, taxes will spike by more than $500 billion next year (an average of $3,500 per household), which economists think could precipitate another recession.
- At the same time, Washington needs to find more than $1 trillion to replace the automatic “sequestration” cuts imposed by last year’s Budget Control Act.
- Yet the media are still castigating “dark-money” and “secret-money” groups that have been sounding the alarm about these very issues.
- A New York Times editorial blasted such groups for continuing their “pernicious” efforts during the fiscal-cliff negotiations and persisted in demanding that their donors be disclosed.
- To understand what a public disservice is being done by the sideshow against “dark money,” it is first necessary to understand what critics are going on about.
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