there is an ominous tide rising in this country. It is not water. It is not oil. It is not any kind of substance. It is dollars. It is cash. It is a tide of dark money that is flowing in and threatens to dominate our political system. Yesterday we had a very interesting hearing in the Rules Committee on the subject of disclosure and the rise of outside money in campaigns. We have developed a kind of parallel universe of campaign financing, where the candidates, you and I and other Members of this body, work hard to raise money from supporters so we can fund our campaigns. By the way, all of that money that is raised has to be under certain limits. There are limitations. There are disclosure requirements. If you get a contribution, it has to be disclosed who paid it and what do they do for a living and what is their address. All of that is public. Yet on the other side is this parallel universe, as I mentioned, where a multimillionaire can come into your State or my State or anybody's State and put in an enormous amount of money, essentially unregulated and often totally anonymous. I think this is a danger to our country. I started the hearing off yesterday by saying I fear for my country. I fear for our democracy. There are several basic points I wish to make. This isn't an evolutionary change. This isn't, OK, we are spending a few more dollars this year than we did last year and it is a little more of the same and it is no big deal.…
On the recordMay 1, 2014
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