On the recordJuly 23, 1996
The so-called Republican reform bill on campaign finance attempts to solve the problem of too much money in politics by putting much more money in politics. The Republican bill raises the amount that wealthy contributors can give to Federal candidates to $72,500 a year. The average American family of four makes $48,000 a year. Clearly, the Republicans are out of touch with the average working American families. In sharp contrast, the Democratic bill limits the amount of money in politics by voluntarily limiting contributions, expenditures, and soft money. We need a vote on this bill. This fall, when the American people go to vote, they need to know whether their candidate supports putting more money into politics or limiting the amount of money in politics.
Source
govinfo.gov




