Senate votes on DISCLOSE act

The Senate will vote today on the DISCLOSE Act, a bill already approved by the House, that would require corporations to disclose their spending on federal political campaigns and to reveal their identities in any political ads they fund. The bill is being seen as the Democrats’ answer to the Supreme Courts’s ruling on the Citizens United case, which allowed big corporations, domestic and foreign, to spend unlimited amounts of money on American elections.

Dave Levinthal, communications director at the Center for Responsive Politics, doesn’t believe this bill, if passed, will have any effect on this year’s midterm elections, but that it could have an impact in 2012. Also joining us is The Takeaway’s Washington correspondent, Todd Zwillich for the latest on the vote.