The proposed legislation would remove all caps on how much money an individual can donate to political parties, allowing a single donor to potentially donate nearly twenty times more than previously allowed by existing caps.
The legislation also would allow political-action committees to donate $15,000 to a House candidate every two years, up from $10,000, and would allow PACs to contribute $25,000 to a political party every two years, up from $15,000. These limits would rise with inflation.
How do the Republican backers of this legislation defend their actions?
"The other side wants to bring more regulation; we want to bring more freedom." - Mike Pence (R-Ind.)
Yes, in the name of freedom, we must oppose the will of the American public in order to guarantee the right of the very, very rich to buy candidates and elections!
Prohibiting huge corrupting contributions was what the McCain-Feingold law of 2002 was all about. The law would be effectively gutted / circumvented if this bill ever went into effect.
How do others view the legislation?
"Disasterous".... "A joke".... "I see no way it would get a majority." - Sen. John McCain (R-Ariz.)
"I will not support the [Pence-Wynn] bill. I think the McCain approach ... is the correct way to go." - Rep. Mike Castle (R-Del.)
"It is a mistake for my party to want to push this legislation, and I hope they don't." - Rep. Christopher Shays (R-Ct.)
And those are just statements from some of the Republicans who oppose it. This thing is an albatross with a broken wing. It ain't gonna fly! So, the question to be asked is, if it's avaricious, inane, undemocratic, and corrupt, why do it at all? Are they really *THAT* desperate?
I guess any scandal is better for the Republicans than more talk about Rove!