Not at all, a remotely descriptive name would be far easier to fabricate than a hideously contrived backronym. Naming something is nontrivial, as a developer I understand and appreciate that, but that's no excuse for creating misnomers with the express intent of manipulating other people.
> ... and open themselves up to political attacks for no real gain.
That logic would seem to work for any other unethical and/or unpleasant activity, "Everybody else is doing it and I would be disadvantaged if I didn't as well!"
> Honest naming would just hurt these bill's chances.
I highly doubt it, I'm fairly certain bill names are only to mislead the public as there's a pretty clean dichotomy between the two parties in the U.S. and their votes are usually a pretty standard party split.
Even if they did make an honest attempt, it wouldn't solve the problem. It would just increase their workload and open themselves up to political attacks for no real gain.
You don't get the bill you want, you get the bill you can gain support for. Getting any bill onto the floor takes Herculean effort. Honest naming would just hurt these bill's chances.