The financialization of the American electoral process is well documented. Now two key progressive legislators are proposing a new law to do something about it.
Sen. Bernie Sanders (I-VT) and Democratic Rep. Summer Lee (PA-12) introduced the Abolish Super PACs Act on Capitol Hill on Wednesday. It’s a measure they say will eliminate one the primary ways billionaires funnel cash into elections: super PACs. The bill would limit donations to super PACs to $5,000 for both individuals and corporations.
“Today, the average American gets one vote. Billionaires, however, through their super PACs, can spend unlimited amounts of money to elect the candidates of their choice and to defeat candidates who stand up for working families or a just foreign policy,” Sanders said.
The measure is necessary, Lee said, to save a democratic process that is under strain from unlimited sums of money poured into elections by billionaires and corporations.
“Our bill would ensure that millionaires, billionaires, corporations, corporate interests, special interests would no longer be able to get around the guardrails, the limitations that everyday individuals like you and I have,” Lee said.
A super PAC, or political action committee, is an entity that can currently raise unlimited donations from individuals, corporations, and unions. It can spend that money to independently support or oppose candidates, including through advertising and other election-related expenditures.
Candidates cannot formally coordinate with a super PAC. But that limitation is often skirted, leaving the wealthiest Americans with disproportionate influence over electoral outcomes.
Both Sanders and Lee pointed to the fallout from the Supreme Court’s Citizens United v. FEC decision in 2010 as a key motivator to overhaul current election laws sooner rather than later. Since the controversial ruling opened the door for unlimited outside spending on elections, corporations and billionaires have turned to super PACs to unleash a barrage of spending.
“I don’t want people to think this is just another issue. It is a more important issue,” Sanders said at the press conference announcing the bill.
“We are the only major country on earth not to guarantee healthcare. Why is that? You think it may have something to do with the power of the pharmaceutical industry and insurance companies who spend millions of dollars making sure we don’t move to a Medicare for All system?”
“This is an issue that touches on every single issue facing working people in this country,” said Sanders.
Billionaire Elon Musk used his America PAC to pour roughly $288 million into Trump’s and other Republlicans 2024 presidential campaign.
The Abolish Super PACs Act comes as a smaller and wealthier group of donors fund a growing proportion of campaign spending. The New York Times reported that just 300 billionaires and their families accounted for 19% of all federal campaign spending in the US in 2024, much of it funneled through Super PACs. Before the Citizens United ruling, contributions from billionaires made up only 0.3%.
“It corrupts, it discourages, I call it functionally disenfranchising the political process from every aspect, from every angle,” Lee said.
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Senior Investigative Reporter & Capitol Hill Correspondent
Stephen Janis is an award-winning investigative journalist, author, and documentary filmmaker whose work has shaped accountability journalism in Baltimore and beyond. As a Capitol Hill Correspondent and senior reporter at The Real News Network, he continues to uncover the systems behind inequality, corruption, and power while turning complex investigations into stories that inspire reform and public engagement.
His first feature documentary, The Friendliest Town, was distributed by Gravitas Ventures and received an Award of Distinction from The Impact Doc Film Festival and a Humanitarian Award from The Indie Film Fest. He co-created and co-hosts The Police Accountability Report, which has reached more than fifty million viewers on YouTube and helped spark national conversations on policing and transparency. His work has also appeared on Unsolved Mysteries (Netflix), Dead of Night (Investigation Discovery), Relentless (NBC), and Sins of the City (TV One).
Stephen has co-authored several books on policing, corruption, and the roots of violence, including Why Do We Kill: The Pathology of Murder in Baltimore and You Can’t Stop Murder: Truths About Policing in Baltimore and Beyond. He also co-hosts the true crime podcast Land of the Unsolved, which investigates cold cases through a lens of justice and accountability.
Before joining The Real News Network, Stephen worked as an investigative producer for WBFF Fox 45, where his reporting earned three Capital Emmys. Known for embracing technology as a tool for social awareness, he uses data analysis, digital production, and emerging storytelling platforms to connect investigative journalism with younger audiences while maintaining its integrity and depth.
Stephen’s work is grounded in clarity, empathy, and a belief that journalism should not only expose the truth but empower people to act on it.
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Senior Investigative Reporter & Capitol Hill Correspondent
Taya Graham is an award-winning investigative journalist, documentary filmmaker, and Capitol Hill Correspondent whose work bridges rigorous reporting with deep community impact. As the host of The Police Accountability Report at The Real News Network, she has become a trusted voice for transparency in policing and governance, using a mix of field reporting, data analysis, and citizen storytelling to expose systemic injustices. The show has garnered more than 50 million views across platforms, drawing a national audience to issues of accountability and reform.
Her work spans platforms and audiences, from producing Truth and Reconciliation, the acclaimed WYPR podcast exploring race and justice, to co-directing the award-winning documentaries The Friendliest Town and Tax Broke. Her five-year investigation into Baltimore’s tax incentive system (TIFs and PILOTs) revealed how corporate subsidies perpetuate inequality, sparking legislative action and community advocacy.
In addition to her reporting, Taya played a key role in shaping The Real News Network’s internal policies and labor framework, including helping draft the language around the organization’s AI policy in its collective bargaining agreement. Her work ensured that innovation and worker protections coexist, setting a model for how newsrooms can adopt technology responsibly.
Taya’s career began at The Afro-American Newspaper and Historic Black University Morgan State Radio, where she honed her craft in public service storytelling. She continues to lead with the belief that journalism should not only inform but empower—meeting new audiences where they are and inspiring them to engage in the democratic process.
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