[Congressional Record (Bound Edition), Volume 152 (2006), Part 4]
[House]
[Page 4877]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 CAMPAIGN FINANCE REFORM IS INCOMPLETE

  (Mr. McHENRY asked and was given permission to address the House for 
1 minute.)
  Mr. McHENRY. Mr. Speaker, campaign finance reform is incomplete. So 
many years ago this House and the Senate passed what was called BCRA, 
the Bipartisan Campaign Reform Act, and you know what? It created a 
glaring loophole that led to the rise in the 527 groups where a half 
billion dollars flowed through these groups that are not subjected to 
the Federal Elections Commission laws, rules, and regulations.
  So this week this House is going to take on the need for clamping 
down on these rogue groups that funnel campaign money in noncampaign 
entities. It is important for us, as leaders of this country, to have 
full disclosure of people that participate in politics. So I am proud 
that this House is going to do what is right and reform 527s and apply 
the Federal elections law to them. And that is what this House is going 
to do.
  I ask my colleagues on the left, I ask my Democrat colleagues, to 
join with us and complete the reforms of campaign finance reform.

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