By Justin Sink
DeMint also plans to partner with Sen. Pat Toomey (R-Pa.) to attempt to tie an earmark ban to the bill.
“The earmark favor factory was at the root of Washington corruption and wasteful spending for decades. We can’t allow a return to the era of trading earmarks for bribes or bridges to nowhere and teapot museums," said DeMint. “Enacting term limits and banning earmarks are two of the biggest steps we can take to reform Washington to focus on national priorities instead of special interests and personal gain."
The Senate began debate on the legislation Monday, with the House expected to take up its version of the bill later this month. The proposal would prohibit insider trading by members of Congress and reform financial disclosure laws.