| 00:00:00 | WAY TO ADDRESS THE SUPREME COURT'S DISAPPOINTING DECISION IS A CONSTITUTIONAL AMENDMENT THAT WILL CLARIFY CONGRESS' AUTHORITY TO REGULATE CORPORATE POLITICAL SPENDING. |
| 00:00:10 | THE RESOLUTION I AM INTRODUCING TODAY PROPOSES A CONSTITUTIONAL AMENDMENT THAT WILL RESTORE CONGRESS' AUTHORITY TO REGULATE POLITICAL EXPENDITURES BY CORPORATIONS AND LABOR ORGANIZATIONS IN SUPPORT OR IN OPPOSITION TO FEDERAL CANDIDATES. |
| 00:00:24 | IT ALSO PRESERVES CONGRESS' ABILITY TO REGULATE POLITICAL CONTRIBUTIONS TO THESE CANDIDATES. |
| 00:00:30 | IN THE SAME VAIN, THIS AMENDMENT PROVIDES STATES WITH THE AUTHORITY TO REGULATE POLITICAL CONTRIBUTIONS AND EXPENDITURES IN A WAY THAT WORKS BEST FOR EACH STATE. |
| 00:00:40 | THIS AMENDMENT DOES NOT MODIFY THE FIRST AMENDMENT AT ALL AND THE LANGUAGE SPECIFIES THAT THIS DOES NOT AFFECT FREEDOM OF THE EXPRESS IN ANY WAY. |
| 00:00:49 | THE FRAMERS PROVIDED A SERIES OF STEPS REQUIRED TO AMEND THE CONSTITUTION AND THIS PROCESS SHOULD NOT BE TAKEN LIGHTLY. |
| 00:00:57 | THIS RESOLUTION REQUIRES THE SUPPORT OF TWO-THIRDS MAJORITY IN THE SENATE AND THE HOUSE AND SUBSEQUENT RATIFICATION BY THREE-QUARTERS OF THE STATES. |
| 00:01:06 | I RECOGNIZE THE CHALLENGES OF THAT PROCESS BUT I BELIEVE THIS IS A DISCUSSION AND DEBATE THAT THE CONGRESS AND THE AMERICAN PEOPLE SHOULD HAVE. |
| 00:01:15 | WE MUST ACT, WE MUST ACT NOW TO RESTORE AMERICANS' FAITH IN OUR POLITICAL ELECTORAL PROCESS AND I URGE MY COLLEAGUES TO SUPPORT THIS AMENDMENT. |
| 00:01:24 | MR. |
| 00:01:25 | PRESIDENT, I ASK CONSENT THAT THAT STATEMENT APPEAR AT THE APPROPRIATE POINT PRIOR TO THE LAST VOTE. |
| 00:01:31 | THE PRESIDING OFFICER: WITHOUT OBJECTION. |
| 00:01:32 | MR. |
| 00:01:33 | BAUCUS: AND I YIELD THE FLOOR. |
| 00:01:34 | A SENATOR: MR. |
| 00:01:35 | PRESIDENT? THE PRESIDING OFFICER: THE SENATOR FROM WYOMING. |
| 00:01:37 | MR. BARRASSO: THANK YOU, MR. |
| 00:01:38 | PRESIDENT. I ASK TO SPEAK AS IF IN MORNING BIT. |
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