Greg Ganske: “this amendment seeks to triple the aggregate contribution or limit to $75,000. I mean, how many contributors in this…”

“this amendment seeks to triple the aggregate contribution or limit to $75,000. I mean, how many contributors in this country give $75,000? The average House race today costs probably about $700,000. I can guarantee my colleagues that if they made it Federal law to approve amendment No. 1 and amendment No. 2 that they would be doubling or tripling the average cost for a House race. Now, some would give the full amount. But this, in my opinion, would actually increase the amount of time that Members spend on the phone and candidates or challengers spend on the phone. It is a poorly thought out amendment. We ought to reject it. We should not increase the amount of money in this political fund-raising chase. We should actually stick with the limits that we have now. I would consider both of these amendments to be amendments which would benefit a very, very small percentage of the population in terms of increasing their access in the political system at the expense of the majority, the vast majority of givers who give $50 or $100.”