On the recordJuly 17, 1996
The difficulty with your plan is you have no limits. If you are concerned about PAC contributions influencing, whether they be labor PAC's or business PAC's or whatever the ideological framework of a PAC may be, you put no limits on them, none, absolutely none. We put limits, we say all right, candidate, if you are going to run with a limit on yourself, then you cannot take more than one-kind of your money, $200,000 maximum from a PAC and no PAC can give you more than, in a 2-year cycle, $6,000. That is what you are missing. You are missing this sort of idea of putting any kind of limits on an individual.
Source
govinfo.gov




