Objective. Public concern over a seemingly intransigent and insensitiv
e Congress has rekindled interest in raising the rate of turnover in t
hat body. This paper investigates two approaches, term limits and spen
ding limits, and how campaign strategies are affected when such rules
are in place. Methods. Viewing congressional campaigns as rent-seeking
games, strategic responses to certain rule changes (spending and tenu
re ceilings) are explored theoretically. These theoretical results the
n guide some empirical measures using data from the 1980 elections. Re
sults. Term limits reduce the benefits of holding office, which, in tu
rn, reduce the effort put forth in capturing that office. This effect,
however, is asymmetrical with incumbents responding more than challen
gers. Spending limits disproportionately affect challengers, but when
long-term effects are considered the ''incumbency protection'' they pr
ovide is much smaller than previously suggested. Conclusions. Term lim
its are expected to result in greater congressional turnover with less
money being spent on campaigns than in the absence of such a rule. Sp
ending limits can indeed be used to level the electoral playing field
especially if the limits take into account the impact of incumbent spe
nding in previous elections on the current campaign.