Driving the Day: Moving Beyond the Speech
With the pomp and circumstance of yesterday’s State of the Union behind us, it is time to tackle the hard work of legislating. Americans want substance, not rhetoric; action, not posturing.
For its part, the House will take up a bill this morning that would eliminate the federal presidential campaign matching fund. The measure would save $617 million over 10 years, according to the Congressional Budget Office. Equally as important, your tax dollars would no longer be used for partisan conventions or campaigns.
Interestingly, President Obama objected to the bill, even though, as Bloomberg points out, he “became the first major-party nominee to turn down general election money, funding his campaign through $745.7 million in private donations.”
We’ll have more substance on this later…stay tuned!