We propose the following Truth in Political Statements federal law.
Politicians (including their employees and representatives), political organizations (as defined by the FEC and/or IRS) and media outlets (whether for- or not-for-profit) that provide content intended to educate, inform or influence the public, must provide proof of and links to credible and verifiable sources for all claims and statements that are not clearly and explicitly stated to be the opinion of the speaker or organization. Failure to provide such factual bases and support shall result in a public retraction and/or admonition of use of unsubstantiated statements or opinion presented as fact. Claims or statements made as fact that are shown to be false will be publicly retracted and corrected. All such corrections, retractions, clarifications and admonitions will be made by the speaker or organization who made them, at their exclusive expense, and in all media outlets, forms and markets in which those statements were made.Imagine if, during the black and white images and ominous music of super-pac smear advertisements, there were a clear message at the bottom of the screen that says "This is the opinion of Citizens United" or gave a URL to the viewer so you could see their facts. Imagine if a candidate trying to score cheap points by smearing their opponent knew that they would have to pay double to correct every false statement they made. Certainly, some groups would try to find sneaky ways to work around the system, but it sure would go a long way to cleaning up the (mis)information flying around and bring genuine accountability to the very people who should be most accountable. Put another way, it worked for Pinocchio...