NAB Objects To 'Fair Elections Now Act'
June 20, 2007 at 6:51 AM (PT)
NAB Pres./CEO DAVID K. REHR has sent a letter to Sen. DIANNE FEINSTEIN (D-CA) protesting the FAIR ELECTIONS NOW ACT (S.1285) now before the SENATE RULES COMMITTEE. REHR's objections revolve around the bill's mandatory fixed rates for political ads lower than the present lowest unit charge, creating what REHR calls "a significant price advantage for federal candidates over small-business owners who advertise every day on broadcast television and radio."
REHR notes constitutional questions regarding favoring political speech over other speakers and complains that the act would extend the lowest unit charge to federal party committees without direct connection to a candidate. He also objects to the bill's 2% tax on gross advertising revenues that would subsidize candidates' advertising.
Read the letter by clicking here.