[Congressional Record Volume 142, Number 105 (Wednesday, July 17, 1996)]
[House]
[Page H7664]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 REPUBLICAN CAMPAIGN FINANCE REFORM MEASURE WILL WORSEN OUT-OF-CONTROL 
                           CAMPAIGN SPENDING

  (Mr. OLVER asked and was given permission to address the House for 1 
minute.)
  Mr. OLVER. Mr. Speaker, this week has been trumpeted as the great 
Republican reform week. But now, as we begin debate on these so-called 
reforms, what is the Republican leadership really thrusting on us this 
week?
  The only bill the Republican leadership is offering is a so-called 
campaign finance bill--a measure designed to make out-of-control 
campaign spending even worse.
  The Republican bill nearly triples the limits on both individual 
contributions and PAC contributions. And under the Republican plan, a 
wealthy family of four would now be able to contribute millions and 
millions of dollars during a 2-year election cycle.
  Mr. Speaker, this is not reform. Instead of putting the brakes on 
this campaign spending train, the Republicans are finding new ways to 
add fuel to the fire.
  The Republican leadership once again has ignored the pleas of the 
people and is focused on helping the fat cats and the special interests 
that own them.
  The Republican leadership has once again gone too far. Extremism, not 
accomplishment, is the name of their game.

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