Political Quotes

Mike Thompson: For about two decades we did not have a soft money problem because people abided under the rules laid down in 1974. What…

On the recordSeptember 26, 1997
For about two decades we did not have a soft money problem because people abided under the rules laid down in 1974. What has happened since that time is that soft money has come into the system and now we have about $262 million in soft money in the system that we didn't have back in 1974 when we laid down the rules at that time.
Said by
Mike Thompson
Democratic · California

Editor's note · Context

Discussing the rise of soft money in political campaigns since the 1974 regulations.

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