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Bush Signs Campaign Finance Bill; NRA Sues
Josey1
Member Posts: 9,598 ✭✭
Bush Signs Campaign Finance Bill; NRA Sues NewsMax.com WiresThursday, March 28, 2002 WASHINGTON - President Bush on Wednesday signed campaign finance legislation that restricts speech and bans unregulated donations to political parties."I believe that this legislation, although far from perfect, will improve the current financing system for federal campaigns," Bush said in a statement.The measure immediately drew legal challenges. Within a short time of Bush's signing, Sen. Mitch McConnell, R-Ky., had filed suit, as had National Rifle Association. Both denounced the law's infringement on freedom of speech. The law "eviscerates the core protections of the First Amendment by prohibiting, on pain on criminal punishment, political speech," said a legal complaint filed on behalf of NRA and its political victory fund."We are proud to be one of the first plaintiffs to formally ask the federal court to invalidate these new limits on the political speech of ordinary citizens because we believe that this law cannot be allowed to stand, not even for a moment," stated Wayne LaPierre, executive vice president of the gun rights group.Bush signed the bill as he traveled to Greenville, S.C., and Atlanta to talk with emergency workers and on campaign fund-raising jaunts for Reps. Lindsey Graham, R-S.C., and Saxby Chamblis, R-Ga.The U.S. Senate approved the legislation on March 20 on a 60-40 vote that came hours after a last-ditch attempt to filibuster the bill. It was an identical version of the measure passed in February by the U.S. House of Representatives, avoiding a conference committee that could have been used to kill the bill.The campaign finance bill was sponsored by Sens. Russ Feingold, D-Wis., and John McCain, R-Ariz. Upon learning Bush signed the bill, McCain issued a statement saying, "I'm pleased that President Bush has signed campaign finance reform legislation into law."'I May Hesitate'While traveling through El Salvador on Sunday, Bush joked with reporters about placing his name on the bill once it arrived at the White House: "It will probably take about three seconds to get to the W, I may hesitate on the period, and then rip through the Bush."The law bans unlimited contributions, known as "soft money," to national political parties and restricts issue ads aired by interest groups before elections. Bush had called the measure "flawed" but had said he would sign it."I wouldn't have signed it if I was really unhappy with it. I think it improves the system," Bush told reporters during a stop at Greenville firehouse. "And it improves the system because it enables an individual to give more money. And I want to do is have a system that encourages more individual participation, as well as more disclosure."Still, he said, he had been concerned about a system where money was given to entities and stakeholders had no say. He said he was concerned mostly about corporate shareholders and labor union members not having the ability to object to how their money was being spent. However, although no one is required to buy stock in any company, many workers must pay union dues to have a job.Opponents of the bill, such as McConnell, say the new law represents an unconstitutional limit to political speech. They note that limiting political advertising by non-affiliated groups will protect incumbents, further empower the media and remove the ability of citizens to band together over common political causes.McCain said last week the scandal surrounding bankrupt Enron Corp., and revelations that the energy trader had donated money to 72 of 100 senators and had pushed electric supply and commodities deregulation though the U.S. Capitol and state houses, helped the cause.Copyright 2002 by United Press International.All rights reserved. http://www.newsmax.com/archives/articles/2002/3/27/135423.shtml
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