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House bill ends funding of party conventions

6:14 PM, Sep 19, 2012   |    comments
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WASHINGTON (AP) - House Republicans and Democrats have come to agree on at least one way to reduce government spending, by ending federal assistance for the two parties' increasingly expensive and stage-managed presidential conventions.

Rep. Tom Cole, the Oklahoma Republican who sponsored the legislation, says the government has spent about $224 million on the quadrennial gatherings of party faithful since 1976, when in the post-Watergate era it was considered a way to reduce the influence of money in politics.

He says this year federal assistance for the two conventions was about $35 million, slightly more than 20 percent of the costs as the parties turn to private donors to pay for the lavish events.

The vote Wednesday was 310-95. The Senate has approved similar legislation but must act on the House bill.

The Associated Press

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