So, you may have heard that Sen. Chuck Schumer and Rep. Chris Van Hollen came out with their legislation to respond to the Supreme Court's blockbuster decision in Citizens United v. FEC. As Public Campaign and Common Cause said this morning, the legislation is a good step, but doesn't go nearly far enough to address the influence of special interests in our political process. Well, Rep. Tom Price, chair of the Republican Study Committee, put out a press release slamming the bill. It's filled with the usual sort of jargon that comes from those opposed to campaign finance legislation. I was struck, though, by this last sentence: "This type of partisan political maneuvering only further erodes the American people’s confidence in their government.” Rep. Price is right. People have lost faith in their government, but that might have something do with the fact that 79 percent of voters believe special interests are the ones pulling the strings in Washington - and Price isn't without blame on this one: On December 11, 2010, Rep. Price voted against the Wall Street Reform and Consumer Protection Act. Just a day earlier, he held a Financial Services Luncheon fundraiser, according to the Sunlight Foundation’s PolitcalPartyTime.org. Donations of $2,500, $1,000, or $500 were expected. In 2009 alone, Rep. Price received $168,000 from finance industry interests. During his time in Congress, Rep. Price has received more than $1 million in campaign contributions from the finance, insurance, and real estate sector, according to the nonpartisan Center for Responsive Politics. When members of Congress are taking cash one day, and voting against legislation that those donors oppose the next, it's no wonder Americans are fed up with our pay-to-play political system. If Rep. Price is really concerned about restoring faith in government, he should co-sponsor the Fair Elections Now Act.
