Money Wars

Clinton's campaign-finance reform may be less crusade than retreat

SOME G.O.P. SENATORS ARE THREATENING A FILIBUSter against Clinton's new campaign-finance proposal. The plan calls for some public financing of campaigns, and would bar big donors from dodging contribution limits by funneling funds through a presidential candidate's political party. The problem is that the proposal is heavy on concessions to reform-shy Democratic leaders and on retreats from Clinton's pledge to reduce the maximum contribution by a political-action committee to a congressional candidate from $5,000 to $1,000. Democratic Representative Mike Synar complained, "What the public got with this package does not meet their true test of reform."


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!