McCain on campaign finance: 'The system is broken'
June 17th, 2012
11:58 AM ET
11 years ago

McCain on campaign finance: 'The system is broken'

(CNN) - "Uninformed, arrogant, naive." Sen. John McCain used those three words in an interview Sunday to slam the Citizens United decision, the 2010 Supreme Court ruling that paved the way for political donations from corporations and special interest groups.

Pressed on the issue of campaign cash and whether it is unduly influencing this year's presidential campaign, the Republican senator from Arizona maintained that allowing an "incredible amount of money" to enter political races opens the door for corruption.

- Follow the Ticker on Twitter: @PoliticalTicker

- Check out the CNN Electoral Map and Calculator and game out your own strategy for November.

"I think there will be scandals associated with the worst decision of the United States Supreme Court in the 21st century," McCain said on NBC's "Meet the Press."

The GOP senator suggested earlier Supreme Court benches would have ruled differently in the case.

"That's why we miss people like William Rehnquist and Sandra Day O'Connor who had some experience with - with congressional and other races, with the political arena."

Asked about Nevada billionaire and GOP financier Sheldon Adleson's recent pledge, along with his wife Miriam, of $10 million to the super PAC supporting Mitt Romney, McCain iterated it's the threat of not just one but many potential donors that hurts the electoral system.

"The whole system is broken and it's a wash. I don't pick out Mr. Adleson any more than I pick out Mr. Trumka," McCain said, referring to the AFL-CIO leader who helped finance Obama's 2008 presidential campaign.

"I've always been concerned about the labor unions who take money from their union members and without their permission contribute to causes they may not support," McCain continued.

Casino owner Sheldon Adleson gained notoriety for backing former GOP candidate Newt Gingrich with more than $20 million in donations to the pro-Gingrich super PAC Winning our Future during the Republican primaries.

Doubts about whether Adleson would eventually back Romney evaporated when he and his wife gave $10 million to the pro-Romney super PAC in mid-June. Since then, Adleson has made comments he may contribute as much as $100 million to the GOP presidential candidate.

During the interview, McCain quickly shifted focus away from Romney's donors and toward what he called Obama's preoccupation with raising money for his re-election bid.

"I'm concerned that the president continues to go around to all of these fund-raisers when maybe he should be spending more time governing," McCain said.

McCain took his criticism of the president back in time to the 2008 presidential campaign when then-Sen. Barack Obama opted out of $85 million in matching funds upon becoming the Democratic nominee. Obama vociferously rejected the public fund-raising money, claiming it would allow "special interests (to) drown out the voices of the American people."

"And then (Obama) outraised me, obviously, by a great deal," McCain said, referring to the half a billion dollars Obama raised through grassroots campaigning.

While he lamented current laws and their influence on the campaigns, McCain said he was hopeful current finance laws will eventually change.

"The fact is that the system is broken," he said. "I predict to you there will be scandals, and I predict to you that there will be reform again."

Also see:

Golfer-in-chief hits 100th round as president

Lawmakers mum on health care contingency plans

Romney sees bright side of rain-soaked campaign event

Filed under: Fundraising • John McCain
soundoff (29 Responses)
  1. GI Joe

    He didn't even mention the Chinese hook on Adelson's money. Look it up. Chinese Mafia and Vegas money.

    June 17, 2012 03:06 pm at 3:06 pm |
  2. DAN 'N EDDIE D.

    I wish I had as much money as Buffet, then I would donate 1 billion to Obama's superPAC, then match Wrong-Way-Romney dollar for dollar above that. I would saturate radio and TV/internet with pro-Obama ads and dig up virtually every dirty detail on Romney and expose him and all the repug-lican criminals for the slimey liars they are. Everyone knows the only way they can win is by buying the election like Walker in WI and Scott here in FL.

    June 17, 2012 03:19 pm at 3:19 pm |
  3. TM

    Too late to cry about it now Senator. Your party CHEERED that ruling, and every member of the Supreme Court that owes ultimate allegiance to your party for nominating them did exactly what your party wanted them to do, elevate the dollar above the ballot. Mission Accomplished.

    June 17, 2012 03:19 pm at 3:19 pm |
  4. Marry

    Mc Cain stated (for ones in a long time) the obvious and your comments here cover a lot. Thank you all!

    June 17, 2012 03:30 pm at 3:30 pm |
1 2