Currently on the WhiteHouse.gov web site is a petition asking President Obama to change the way IRS regulates 501c4.
From the petition:
We petition the obama administration to:
Issue an Executive Order nullifying IRS "regulation" re: 501c4's and mandating the original statute be enforced.
Honorable Barack H. Obama, President:
The replacement by the IRS of the word "exclusively" in the original and still-extant pre-1959 501 c (4) statute, with the word "primarily" in the procedural 'regulation' manual,simply put, violates the law. At whatever cost to those who have ridden this loophole to the absolute corruption of our political system by money, the original wording of "exclusively social welfare" needs to be enforced.
Since contributions to 501c(4)s are being used to hide dark money for political purposes the elimination of the loophole should help dry up some of that funding. Since the Faux scandal crowd has made this into such a big news this would be a perfect time to get this done.
When you're given lemons, make some lemonade.