[Congressional Record Volume 142, Number 109 (Tuesday, July 23, 1996)]
[House]
[Page H8106]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
CAMPAIGN FINANCE REFORM
(Mrs. MALONEY asked and was given permission to address the House for
1 minute and to revise and extend her remarks.)
Mrs. MALONEY. Mr. Speaker, the so-called Republican reform bill on
campaign finance attempts to solve the problem of too much money in
politics by putting much more money in politics.
The Republican bill raises the amount that wealthy contributors can
give to Federal candidates to $72,500 a year. The average American
family of four makes $48,000 a year. Clearly, the Republicans are out
of touch with the average working American families.
In sharp contrast, the Democratic bill limits the amount of money in
politics by voluntarily limiting contributions, expenditures, and soft
money. We need a vote on this bill. This fall, when the American people
go to vote, they need to know whether their candidate supports putting
more money into politics or limiting the amount of money in politics.
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