Political Quotes

“it is time for real reform of campaign finance. S. 3, passed by the Senate, was a constructive bill. As amended by this House, it is not a constructive bill. It is a sham. Let us take a moment to look at the claims made by the sponsors of the so-called campaign finance reform in this Chamber and at the reality of what this bill would really do. Claim one: The House Democrats say S. 3 as amended by them, institutes spending limits. The reality: Only a small number of campaigns will even come close to the proposed spending limit. The reality is that for most campaigns, the so-called limit only means taxpayer financing. Claim two: S. 3, as amended by this House, will presumably limit political action committees. The reality: That is false. House Democrats consider the $5,000 political action committee donation that can be made in each election-- primary and general for a total of $10,000--simply a sacred cow that is untouchable, and not even open to any compromise. House Republicans, on the other hand, endorsed a ban on all political action committees. Senate Republicans, and even Senate Democrats, did exactly the same. All but the House Democrats support a ban on political action committees. Only House Democrats block action on such a ban. Claim three: The House Democrats claim that this bill will level the playing field between incumbents and challengers. The reality: The entire bill is unfair to challengers.”