Arlen Specter: “I begin by associating myself with the passion of the distinguished Senator from Colorado, as he articulates a very…”

“I begin by associating myself with the passion of the distinguished Senator from Colorado, as he articulates a very strong position against the overregulation by the Federal Government which is well known across the length and breadth of this land. And I support the efforts which have been brought by the distinguished Senator from Iowa [Mr. Grassley] and the distinguished Senator from Connecticut [Mr. Lieberman] on S. 2 to provide accountability by the Congress, by making Members of the Senate and Members of the House of Representatives subject to the same laws which govern every other citizen. As a matter of basic fairness, Mr. President, there is no reason why a Senator or Member of the House should not be subject to every rule of law which governs every other American. Basic fairness should mean that every rule of law applies equally to Members of the Senate and House as they do to every other American. And if that were the case, there would be less regulation in our country. With respect to the amendment which is now pending, offered by the distinguished Senator from Michigan, to have a gift ban, I believe that there is great merit in that proposal and in fact supported the gift ban when it was before the Senate during the 103d or last session of Congress.”