“Senate Majority Leader Harry Reid (D-Nev.) on Thursday called for amending the U.S. Constitution to bar big money donors from having an outsized impact on the nation’s elections, saying billionaire donors were mounting a ‘hostile takeover’ of America.

“‘Amending our Constitution is not something any of us should take lightly, but the flood of special interest money in our American democracy is one of the glaring threats our system of government has ever faced,’ Reid said on the Senate floor. ‘Let’s keep our elections from becoming speculative ventures for the wealthy.’

“The amendment, sponsored by Sens. Tom Udall (D-N.M.) and Michael Bennet (D-Colo.), would reverse the Supreme Court’s 2010 Citizens United and 2014 McCutcheon rulings, as well as part of its 1976 Buckley v. Valeo ruling, and restore certain congressional authority to regulate the raising and spending of money, including that of super PACs.”

In this video from The Young Turks, Ben Mankiewicz, John Iadarola and Ana Kasparian discuss the prospects of passing a constitutional amendment to get money out of politics and the reasons why Senate Majority Leader Harry Reid might be speaking in favor of an amendment now.

For more, read the Huffington Post story by Igor Bobic and Michael McAuliff here: http://www.huffingtonpost.com/2014/05/15/harry-reid-campaign-finance_n_5329917.html