The Republican bill vastly increases all of the-- nearly all--of the contributions set in current law. Reforming campaigns, let us face it. It is about limiting the influence of money, not expanding it. The Republican bill would also allow an individual to contribute $310,000 to campaigns in political parties in a single election cycle. That is more than 10 times the current legal limit. Now, we have already mentioned that according to the Republican bill, an individual could conceivably donate $3.1 million to State and national parties cumulatively. The Republican bill also codifies the soft-money loophole in the current law, which is how millions and millions of these dollars slip in. It is through the soft money. The Republican bill also vastly increases the role of national parties in local elections. That is a move that would clearly benefit the Republican parties because, as they are in the majority, raising millions and millions of dollars, they are hoping, as we said earlier, that they can buy close elections because of all of the money they are raising.
Editor's note · Context
Criticizing the Republican campaign finance bill during a House floor debate.
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