there is not a single piece of legislation, no matter how good, that cannot be picked apart with the technical arguments. I am not going to do that. I am going to get away from emotions and the words and all the negative aspects. I think that there are really two words that come to mind, and that is it is just ``too much.'' It is too much money. I cannot imagine looking at a primary election in California where two people spent $60 million. Is that free speech? It is not free to me; it is pretty expensive. Will it be $60 million next round? Will it be $100 million? With the gross domestic product going up and inflation going up, will it be $200 million? What is too much? Where does this lead us? Is this what we want to leave as a legacy? Mr. Chairman, I ask this about my children. Do I want them to come into this body, or try to come into this body, and say, listen, it is going to be a great run and it is going to cost $50 million. And if they run for five terms, it is maybe $250 million. Is this what we want? It is crazy. We have real limits for individuals and groups and we have absolutely no limits for this loophole which was never intended to be. Our job here in this and other legislation is to close loopholes. They were never intended they should not be, we should get at it. The Shays-Meehan bill does this, and I feel we should support it.
Editor's note · Context
Discussing campaign finance and the implications of spending in elections.
Share
More from Amory Houghton
no bill is perfect; and we always have ways of trying to change legislation. I hate to be an ``aginner,'' and I do not mean to be a nitpicker, but every so often something just does not feel right, so I tend to vote not only against H.R…
The theme of this bill, and I, of course, support it, is to improve the IRS. ... The IRS then later realizes its mistake, but it is unable to restore the IRA balance.
I may be missing something here, but I do not know what we are talking about. The fact is the country is running out of money because the economy is down and the military and terrorist, antiterrorist expenditures are up. We have to have…
there are several of us that have remarks about Bill Archer, and I will begin. I hope Bill and Sharon Archer are watching this program, because I do not believe anybody has said so many nice words to him to his face. We always say things…





