Providing For Consideration of H.R. 359, Eliminating Taxpayer Financing of Presidential Elections

Floor Speech

Date: Jan. 26, 2011
Location: Washington, DC

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Mr. POLIS. I thank the gentleman from Florida for allowing me to speak on the rule.

I rise in opposition today to the rule and the underlying bill.

Mr. Speaker, first it was repealing patients' rights; then it was a budget resolution with no budget. Every one of us in this Chamber was elected to Congress with a goal of creating jobs and growing our economy, yet there hasn't been any talk about that.

Today, the Republican leadership has brought to the floor another piece of political posturing that takes us away from that goal of creating jobs for millions of Americans and establishing economic stability and growth. Rather than wasting time bringing these bills to the floor, we should be working to develop innovative, bipartisan solutions that will create jobs, reduce the deficit, and put our economy back on track.

We can all agree that our campaign finance system is broken. In every election, more and more dollars are spent by wealthy corporations and special interests on campaigns, inflicting great damage on the American people's trust in government. I know a lot of my friends wanted to turn the television off by the end of the last campaign. But ending the Presidential Campaign Fund would only further breach that trust.

Recent polls have found that the public overwhelmingly believes that money buys elections--by 5 to 1 in some polls. And it's no surprise, because election spending has gone up fourfold between the 2006 and 2010 congressional elections. With a voluntary $3 individual contribution, the Presidential Campaign Fund is a modest part of the answer to the Nation's campaign finance needs, not the problem. It is a way to include the people's voice in our government by honoring small donations and helping restore the people's faith in democracy.

Nearly all Presidential candidates from both parties over the past 35 years have used this fund as a way to reduce the emphasis on fundraising and special interests. Our democracy in its current form would cease to exist if only the rich and powerful could influence public officials.

I ask you today, when the middle class is suffering and job creation is our number one goal, why do we continue to talk about giving more power to big money contributors for Presidential campaigns? After the Supreme Court's terrible decision on Citizens United, we need the exact opposite of this bill--true, reasonable campaign finance reform. That's how democracy is restored and people are empowered.

The SPEAKER pro tempore. The time of the gentleman has expired.

Mr. HASTINGS of Florida. I yield the gentleman an additional 30 seconds.

Mr. POLIS. The people's House should not be spending its time cutting off the connection of the people of this country to the White House. Yes, our Presidential campaign finance system is broken. It needs to be repaired, not eliminated, so we can have a fair way of electing our leaders.

I urge a ``no'' vote on the rule and the bill.

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