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COLLINS RELEASES STATEMENT ON SUPREME COURT’S CAMPAIGN FINANCE REFORM CASE

"Today's special session of the United States Supreme Court to determine the constitutionality of the bipartisan campaign finance reform law will have far reaching implications for how money is raised and spent in the upcoming 2004 election and beyond.

"Passage of this bipartisan legislation was a major triumph in the fight to reform campaign financing practices. I was proud to be an early supporter of the measure and worked hard throughout my entire first term in the Senate to see it enacted into law. It is my fervent hope that the Supreme Court uphold this law, which eliminates the unlimited, unregulated soft money that gives those willing to make huge donations of $100,000 or more a disproportionate voice in the system. Big soft money contributions lead to more negative television ads, a lower level of political discourse, and make candidates less accountable for their campaigns."