Please note that we've moved to a new blog at www.LibraryGrape.com.

Wednesday, February 20, 2008

Obama Will Work for Campaign Spending Limits

As Obama has said from the very beginning he "will aggressively pursue [a spending limit agreement] if [he is the] party's nominee".

In a new op-ed out today in USA Today, Obama has this to say:

I do not expect that a workable, effective agreement will be reached overnight. The campaign-finance laws are complex, and filled with loopholes that can render meaningless any agreement that is not solidly constructed.

As USA TODAY has critically observed, outside groups have come to spend tens of millions of dollars "independently," while the candidates they favor with these ads "wink and nod" at this activity. There is an even greater risk of this runaway, sham independent spending now that the Supreme Court has wrongly opened the door to more of it in a recent decision.

I propose a meaningful agreement in good faith that results in real spending limits. The candidates will have to commit to discouraging cheating by their supporters; to refusing fundraising help to outside groups; and to limiting their own parties to legal forms of involvement. And the agreement may have to address the amounts that Senator McCain, the presumptive nominee of his party, will spend for the general election while the Democratic primary contest continues.

We can have such an agreement this year, and it could hold up. I am committed to seeking such an agreement if that commitment is matched by Senator McCain. When the time comes, we will talk and our commitment will be tested.

Read More: Opposing view: Both sides must agree