Greg Ganske: “That was the maximum he received. He received millions of smaller contributions, just as all the presidential candidates…”

“That was the maximum he received. He received millions of smaller contributions, just as all the presidential candidates have. That is the current law. We ought to be clear. There is nothing wrong with that. You do not think there is anything wrong with that. I do not think there is anything wrong with that. I do not think there is anything wrong with a political action committee working on an issue, getting people of a similar interest together, forming a political action committee and making a contribution under current law to a candidate. I would say that that is not what we are talking about, where the problem is. For goodness sakes, Governor Bush with $67 million, does anyone think that any one of those $25, $50, $500, or even $1,000 donations is going to unduly influence the Governor from Texas? Of course not. Just like it does not influence anyone here in Congress. However, what we are talking about in the soft money area is not a maximum of $1,000. We are talking about donations of half a million dollars or one million dollars from individuals, or from labor unions, or from corporations, donations of that magnitude that are basically unregulated by the Federal Election Commission, that were originally designed for party building. We will talk about the issue ads.”