Proposed campaign finance law would reshape 2010 elections

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Despite opposition from the left and the right, House Democratic leaders are cautiously optimistic they have enough votes to pass a new campaign finance bill.

The White House-backed legislation would change the landscape of the 2010 elections and beyond, but it is still a long way from reaching President Barack Obama’s desk.

Yet, in the last week alone, the bill aimed at suppressing the Supreme Court’s Citizen United ruling has picked up 14 co-sponsors, The measure now has 114 backers, including 11 members of the business-friendly Blue Dog Democrat Coalition. The number of supporters has continued to grow despite vehement protests from the U.S. Chamber of Commerce and other business groups that the bill, known as the Disclose Act, would have a chilling effect on free speech.

Full Story: House Democrats say they have votes to pass new campaign finance legislation – TheHill.com