Skip to content
Chicago Tribune
PUBLISHED: | UPDATED:
Getting your Trinity Audio player ready...

Perhaps this country needs a massive overhaul of campaign funding reform even more than it needs term limits for members of Congress. Legislation of this type, however, is very unlikely in a Congress that in recent years has lowered taxes for the majority of its members.

The ethics hearings of the Keating Five show us just one example of the extent to which campaign funding has become a vote- and influence-buying system, sleazy and lacking in any type of morality.

Strict limits on the amount of money spent on campaigns as well as a limit on their length would be a good place to start funding reform. Perhaps contributions should be limited to $100 from any source, the self-imposed limit the winning candidate in Florida set. Those insistent on contributing more would be allowed to only if they matched each dollar contributed to the campaign with $50 contributed to a deficit-reduction fund or a fund for housing the homeless.