Bob Schaffer on Government Reform Senate challenger 2008; previously Republican Representative (CO-4)

Pledged term-limit of 3 terms, & stepped down after 3 terms

The Pueblo Chieftain had this to say: "Voters elected him to three straight terms before he stepped aside in 2003 to fulfill a term-limits pledge."

Increase federal limits on individual contributions

Schaffer supports the following principles regarding campaign finance reform:
• Support legislation that would increase the federal limits on individual contributions.
• Pass legislation that would encourage full and timely disclosure of campaign finance information.

Voted YES on banning soft money donations to national political parties.

Voted NO on banning soft money and issue ads.

Restrict campaign donations from foreigners or 3rd parties.

To amend the Federal Election Campaign Act of 1971 to increase the penalties imposed for making or accepting contributions in the name of another and to prohibit foreign nationals from making any campaign-related disbursements.

• Increase civil & criminal penalties for knowing and willful violations of the prohibition against making or accepting contributions in the name of another.
• Sets both civil and criminal fines at not less than 300% of the amount involved in the violation and not more than the greater of $50,000 or 1,000% of such amount.
• Mandates a criminal fine or two years' imprisonment, or both.
• Limits criminal penalties to violations involving an amount aggregating $1,000 or more during a calendar year.
• Changes from discretionary to mandatory the authority of the Federal Election Commission to refer to the Attorney General any instance of probable cause that a violation of such prohibition has occurred.
• Revises the current ban on contributions by foreign nationals to encompass all disbursements by foreign nationals, including any disbursement to a political committee of a political party and any disbursement for an independent expenditure.