Political Quotes

“Would the sponsors please explain the decision to change the effective date of the bill to November 6, 2002, and discuss the transition rules that apply after that date? In addition, can they please clarify their intent concerning the campaign finance rules that will govern runoff elections should there be any in 2002? ... To change the rules in the middle of the campaign would have created uncertainty and potential unfairness, particularly since primaries are imminent in some States. It is our intent, however, that the provisions of this bill will be fully in effect for the 2004 election cycle. In order to provide a certain end to the soft money system, and completely insulate the 2004 elections from that system, the bill provides for an effective date of Wednesday, November 6, 2002, the day after the 2002 elections. After that date, no further soft money will be raised.”