    [Public Papers of the Presidents of the United States: George W. Bush (2002, Book I)]
    [March 20, 2002]
    [Page 463]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on Senate Action on Campaign Finance Reform Legislation
    March 20, 2002

        Like many Republicans and Democrats in the Congress, I support
    commonsense reforms to end abuses in our campaign finance system. The
    reforms passed today, while flawed in some areas, still improve the
    current system overall, and I will sign them into law.
        The legislation makes some important progress on the timeliness of
    disclosure, individual contribution limits, and banning soft money from
    corporations and labor unions, but it does present some legitimate
    constitutional questions. I continue to believe the best reform is full
    and timely disclosure of campaign contributions.