Democrats love it. Republicans hate it. K Street really hates it. The White House wants to veto it. Everyone’s talking about HR 1, House Democrats’ overhaul of campaign finance, election and lobbying laws.

CQ Roll Call’s Kate Ackley says Democrats argue HR 1 will restore confidence in a political system viewed as skewed toward the powerful. Republicans across the board have rallied against it. What’s going on? We break it down on the latest Political Theater Podcast.