Campaign finance targeted

WASHINGTON – House and Senate Democrats struck back Thursday at the Supreme Court’s decision to let corporations and unions sponsor political campaign ads, calling for tighter restrictions and more disclosure about who’s buying the spots ahead of this fall’s midterm elections.

Recipients of federal bailout money, government contractors and foreign corporations would be banned from making such campaign expenditures. CEOs of other companies paying for political ads would also have to say in each spot that he or she approved under the Democrats’ proposal.

It was the first concrete response to last month’s controversial 5-to-4 Supreme Court ruling.