If your company are looking to sign any federal contracts, they better be prepared to disclose their personal political donations. Don’t worry, federal employe
The Wall Street Journal reports, “If a company wants a federal government contract, from now on it will first have to disclose if the company or its executives gave more than $5,000 in political donations.”
“The draft order doesn't cover federal employee labor unions, the Democratic allies whose free speech rights were recognized alongside corporations in Citizens United. Nor do the disclosure requirements extend to recipients of federal grants, which often run into the millions of dollars. These doneee labor unions are exempt.
s are usually Democrats too,” the WSJ continues.
“Huh. Why would that be?” Pat asked of the exemption.
“So, in other words, if you are -- if you're a recipient of a Federal grant, you don't have to put that in any -- any of this down. Disclosure may sound nice but the real point is to put companies on notice that their political contributions will have, well, consequences,” Glenn said.
Glenn said that the Executive Order would include parts of the disclosure act which failed to pass Congress last year. The act was a favorite of Democrats because it would deter businesses from making political donations, something that the Supreme Court ruled was legal last year.
“So, in other words, they've already made Congress irrelevant. Now what they're doing to do is area they're going to make the Supreme Court irrelevant, as well,” Glenn said.