VIDEO: Michelle Bachmann Claims That No Foreign Money is Being Used to Fund Candidates

VIDEO: Michelle Bachmann Claims That No Foreign Money is Being Used to Fund Candidates

Joining Karl Rove in his protests, the batshit crazy Bachmann [R-MN], was on Fox Business yesterday where she was all in a fury, railing at Democrats and the White House for asking the Chamber to disclose its donors. Bachmann said that the Chamber only funds candidates out of its political action pac, and that there are no foreign donors.

Bachman:

This is about as low as it goes. It’s more than just disingenious, it’s a flat-out, patent lie. The Chamber of Commerce, who has been accused of taking foreign contributions to spend on elections, is absolutely not doing that. They have a separate political action fund and they use that only from American donors.

  

Unfortunately for Bachmann, her claim is easily proven false.

The Chamber does indeed have a political action fund. However, its PAC has so far raised $161,000 and spent only $104,000. Yet, the Chamber itself has spent more than $12 million so far this election season (and plans to spend $75 million), largely helping Republican candidates.

See, the PAC is required to disclose donors and funds; thanks to the Citizen’s United ruling, corporations are not required to disclose, nor limited as to dollar amounts of contributions.

Prior to the Supreme Court’s Citizens United decision, the Chamber would have had to run its political ads out of its PAC, contributions to which are disclosed. But the Court’s decision allows large corporations — such as the U.S. Chamber of Commerce — to spend unlimited amounts of money on political campaigns without publicizing their donors. [......]