Mark Shields Quotes About Finance
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For many years, we have had these campaign finance reforms, and they have been failures. Money is more coursing through our system than ever before. Incumbents have used the laws to advantage themselves. And one of the reasons I think they have been failures is we have tried to crush down the money in places like the political parties, and it has squished out into opaque super PACs and sort of hidden channels.
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From 1976, Judy to 1996, we had six presidential elections. And it was run under the Campaign Finance Reform Act of 1974. In all six of them, every candidate agreed to limits of what he could collect in contributions and what he could spend in seeking a nomination. And they all abided by it.
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I do think that Republicans are flirting with their tax cut, which has always been the narcotic of Republicans, that they in fact have to at some point, with any remote pretense of candor, abandon any pretense of a balanced budget.I mean, they talk about - because they are going to finance the tax cut by tax cuts. That's how they're going to do it. And I do think that the will is there right now in the Congress to act. I think they will be as close to unity as you will see on Capitol Hill this year.
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