Last week McCain told the Hill that it would take a major scandal before there is enough political will on Capitol Hill to pass another campaign finance reform bill.
“What I really think is that it’s going to take a scandal and there’s going to be one. There’s just too much money washing around,” McCain said. “Every time in history there have been these reforms it’s been following a scandal. It’s what it’s going to take, I think.”
“This should be a bipartisan issue,” Sen. Amy Klobuchar (D-Minn.) said Monday night. “Sens. McCain and Feingold championed campaign finance reform for years and this is a much less drastic change.”
The DISCLOSE Act bill would have required companies, unions and other entities to report campaign spending of more than $10,000.
“I do know that campaign finance, which was a bipartisan issue in this chamber in 2003, where Sen. Feingold and Sen. McCain, a Democrat and Republican, lead a strong bipartisan coalition to reign in the negative influence of special interest money,” Sen. Chris Coons (D-Del.) said. “That has changed to, today sadly, a starkly partisan issue.”