[Congressional Record Volume 157, Number 11 (Wednesday, January 26, 2011)] [House] [Pages H482-H483] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] ELIMINATING TAXPAYER FINANCING OF PRESIDENTIAL ELECTIONS The SPEAKER pro tempore. Pursuant to House Resolution 54 and rule XVIII, the Chair declares the House in the Committee of the Whole House on the State of the Union for the consideration of the bill, H.R. 359. {time} 1134 In the Committee of the Whole Accordingly, the House resolved itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H.R. 359) to reduce Federal spending and the deficit by terminating taxpayer financing of presidential election campaigns and party conventions, with Mr. LaTourette in the chair. The Clerk read the title of the bill. The CHAIR. Pursuant to the rule, the bill is considered read the first time. General debate shall not exceed 1 hour equally divided and controlled by the chair and ranking minority member of the Committee on Ways and Means and the chair and ranking minority member of the Committee on House Administration. The gentleman from Illinois (Mr. Roskam), the gentleman from Washington (Mr. McDermott), the gentleman from California (Mr. Daniel E. Lungren), and the gentleman from Pennsylvania (Mr. Brady) each will control 15 minutes. The Chair recognizes the gentleman from Illinois (Mr. Roskam). Mr. ROSKAM. Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, last night, the President in this very Chamber issued us an invitation. In that invitation, there were several opportunities, but two of them I would like to highlight. One is, he said this: He said he is willing to eliminate whatever we can honestly afford to do without. I take the President at face value that he's interested in doing that. The thing that the President issued was an invitation where he said this: He said, in fact, the best thing we could do on taxes for all Americans is to simplify the Tax Code. Well, the law of governing Presidential election campaign funds in the Presidential Primary Matching Payment Account is located in the Internal Revenue Code, which really inherently makes no sense. And I think during the course of this debate, Mr. Chairman, we're going to lay out the argument as to why the President's first point can be greeted and agreed to, that first goal that this is simply something that we can do without. Let me make a couple of quick points. I think it's important to recognize the irony of the Statement of Administration Policy that was published on January 25, and I'm reading in the third paragraph, he says--the administration, in criticism of this effort, says, ``Its effect would be to expand the power of corporations and special interests in the Nation's elections to force many candidates into an endless cycle of fundraising at the expense of engagement with voters on the issues.'' How can that be, Mr. Chairman? President Obama, when he was a candidate in 2000 for the United States Presidency, declined to participate in this fund, both in his primary and in his general election. And if President Obama has been able to rise above that, I think other Americans can rise above that. Also, I would just like to bring your attention to that same argument, and that is, a ``Dear colleague'' that was sent criticizing this bill said basically the same thing: By creating a viable alternative to private fundraising, the public financing system was designed to level the electoral playing field and ensure that candidates remain accountable to voters, not special interests. So does that mean, implicitly, Mr. Chairman, that candidates who didn't participate in the program are somehow not accountable to voters? I think President Obama would say he's really accountable to voters. I reserve the balance of my time. {time} 1140 Mr. McDERMOTT. Mr. Chairman, I yield 3 minutes to the gentleman from Maryland (Mr. Van Hollen). Mr. VAN HOLLEN. I thank my colleague. Mr. Chairman, I rise in strong opposition to this measure, which, along with the Supreme Court's radical decision in Citizens United, takes our Nation's campaign finance system in precisely the wrong direction: less transparency and less information for the voters. Americans from across the political spectrum--Democrats, Republicans, Independents--want less special interest money in politics, not more. They want clean, transparent, and competitive elections; and campaigns where candidates--those of us in this room and Presidential candidates--rise and fall based on the quality of their ideas, the strength of their arguments, and their ability to attract support from the voters that they seek to represent. What they don't want are campaigns decided by how much secret money flows into an election from secret outside groups. And they will no longer tolerate, I believe, those politicians turning around and saying to those citizens: You have no right to know who is paying for what in our political campaigns; you have no right to know who is paying for those TV advertisements you're watching. Let's remember what we are talking about here. The current Presidential financing system that this bill would eliminate arose from public outrage in the post-Watergate period. Rather than Presidential candidates trafficking in secret slush funds, our Nation decided that our democracy would be better served by a system of public disclosure, contribution limits, and emphasis on smaller-dollar contributions matched by the Presidential financing fund. The system is voluntary, one line on our Tax Code, not complicated; and while not perfect, for most of its 36 years in existence, it has served this Nation well. Candidates from across the political spectrum, from Ronald Reagan to Jesse Jackson, have voluntarily participated in the Presidential financing system. As my colleague on the other side of the aisle mentioned there is no doubt [[Page H483]] that the current law needs to be modernized; it needs to be fixed. We saw that in the last Presidential election. But rather than throw out something that has served the country and the electorate well for 36 years, let's fix it. And the gentleman from North Carolina (Mr. Price) and I and others have introduced legislation to do exactly that. So rather than shielding an avalanche of unlimited special interest money from public view, we should shine a light on it. We should do it by modernizing the Presidential system, and we should also pass the DISCLOSE Act, which we could have brought up and voted on except for the previous question was just defeated. Mr. Chairman, at the end of the day, our Nation's democracy doesn't belong to Presidents or Members of Congress; it belongs to the voters who send us here, and we have a solemn responsibility to safeguard it on their behalf and protect it for future generations from the lessons in corruption in history. Let's mend it. Let's fix it. Let's not throw it out. The CHAIR. The Committee will rise informally. The Speaker pro tempore (Mr. Smith of Nebraska) assumed the chair. ____________________