Last week, the U.S. House of Representatives passed bipartisan legislation designed to resolve the thorny issue of money in politics. The campaign finance reform legislation, sponsored by Chris Shays (R-Conn.) and Marty Meehan (D-Mass.) offers new regulations on the flow of money in the political system. The bill is similar to a measure passed by the Senate last year; unless opponents in the Senate can successfully filibuster the bill, it will be heading to the president’s desk, where Bush must decide whether to veto the legislation. While the bill appears to be on the fast track to passage, its ability to reform campaign finance is questionable. In addition to raising legitimate First Amendment concerns, the bill does nothing to address fundamental source of the problem: an expanding government presence in the economy. For real reform, a smaller, less-intrusive government would reduce the need for businesses, unions, and other special interests to seek favor with the government.