Better Parties, Better Government: A Realistic Program for Campaign Finance Reform

Every federal campaign finance reform law enacted since 1971_ostensibly intended to keep politicians honest and limit the influence of contributors_has in reality protected incumbents by reducing the funds available to challengers. Although the courts have struck down many of the most egregious incumbent-protection measures enacted by Congress, important ones still remain_particularly restrictions on what political parties can spend in support of their candidates. These restrictions explain...