The Money Chase: Congressional Campaign Finance Reform

The amount of money needed to run a competitive congressional campaign is staggering, with special interests playing a central role in raising these funds. Also of concern is the declining competitiveness of House elections. And while recognition of the need to reform campaign financing is widespread, partisan and House/Senate differences over what these changes should be have complicated legislative efforts.
Almost $450 million was spent in both the 1986 and 1988 congressional campaigns, mu...