Russ Feingold: “That is right, Mr. President, because this is nothing but a red herring. The Senator from Kentucky does not like what…”

“That is right, Mr. President, because this is nothing but a red herring. The Senator from Kentucky does not like what the letter says, so he is trying to pretend that we actually said it said something else, and then get me to say it did not say that. Let me ask the Senator from Kentucky whether he, in reviewing the letter, recognizes that there are two main points to the letter, one is the view of these 126 scholars that a ban on soft money is constitutional; and, second, that a system that would provide voluntary incentives to candidates who agree to some limits on their spending would also be constitutional?”