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For Immediate Release:
2000-04-25
Contact:
Liz Hitchcock, (202) 546-9707
Lisa Gilbert, (202) 546-9707 x368


U.S. PIRG

On Upcoming RNC And DNC Fundraisers

Statement by Julia Hutchins, Democracy Advocate

Tomorrow night George W. Bush, will, for the first time, flex his money muscle for the Republican National Committee at a black-tie gala held at the D.C. armory. In an economy flush with funds, there will be no shortage of business tycoons and other wealthy individuals ready to open their checkbooks to their 2000 presidential hopeful. While Wednesday night's earnings are expected to surpass all previous one-night fundraising records, this particular event and next month's DNC fundraiser are only a symbol of what's wrong with politics today. Although the Democrats will open the doors of the MCI center to smaller $50 contributors later this summer, both Parties will still be raising much larger amounts of soft and hard money.

The real problem with these fundraisers and big money-centered elections is not about access to candidates or decision-makers, but is about the lack of equity in electoral participation. Since money heavily influences election outcomes, it is the $1000, $10,000 and $100,000 donors who have the power to determine which candidates run for office and which candidates win elections. A fifty-dollar contribution has little impact in an election where candidates and parties are expected to raise billions.

While it would be difficult for the Democratic or Republican Party to unilaterally disarm and accept only small contributions, it would not be unreasonable to ask both Parties to mutually refuse soft money contributions. Congress should also act to ban the flow of unlimited soft money contributions from wealthy individuals, corporations, and labor unions. This money is almost always spent in ways that benefits candidates and is a flagrant violation of the spirit of current law. More importantly, Congress should address the greater wholesale corruption that occurs when big money influences election outcomes. Instead of considering proposals to raise contribution limits and increase big money in politics, Congress should lower the contribution limits and open the political process to all citizens.

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