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Obama suggests amendment on money in politics

By The Associated Press
Posted 6:39AM on Thursday 30th August 2012 ( 12 years ago )
WASHINGTON - President Barack Obama says the nation should consider mobilizing behind a constitutional amendment process to overturn the Supreme Court ruling that loosened restrictions on money in politics.<br /> <br /> Obama made the comment Wednesday in an online chat with the website Reddit. The 2010 Citizens United ruling paved the way for a flood of campaign cash from corporations, unions and wealthy interests.<br /> <br /> The president says that even if the amendment process fell short, "it can shine a spotlight" on super PACs and, in his words, "help apply pressure for change."<br /> <br /> Obama says that in the meantime there's a need for more disclosure of the large campaign contributions flowing into super PACs and that such contributions, quote, "fundamentally threaten to overwhelm the political process."<br />

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