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...week's end, there were indications that McCain-Feingold could actually pass in a recognizable form. Even the staunchest opponents seemed to have softened their opposition to the bill's central provision, a ban on the unregulated "soft money" that has flooded the political system over the past decade, nearly half a billion dollars in the 2000 election cycle alone. What may have been a breakthrough came after McCain arranged a meeting with one of his foes--Nickles, the Senate's No. 2 Republican. "Tell the Senator his friends are here," McCain told Nickles' secretary when he arrived. Their discussion...

Author: /time Magazine | Title: Campaign Finance: Debating For Dollars | 4/2/2001 | See Source »

...Senate began debating campaign-finance reform last week, the only safe bet was that things would soon get ugly. But by the second day, even that bet was off. And by Friday, astonishingly enough, the bill, which McCain co-authored with Democrat Russell Feingold, hadn't been killed--or even altered all that much--after a week in which an amendment was offered roughly every three hours. Just as unexpected was what did happen--something the Senate hasn't seen much of on any issue: a substantive, thoughtful and generally amicable debate. The kind the framers intended...

Author: /time Magazine | Title: Campaign Finance: Debating For Dollars | 4/2/2001 | See Source »

...have been a false spring. This week the bill faces far tougher votes, any one of which could be fatal. "With each change, I think you lessen the opportunity for us to keep Democrats together and in support of a bill that they can no longer identify as McCain-Feingold," Daschle warned early in the debate. Three days later he added, "There are some bright warning signs, some blinking yellow lights about the direction that we are going...

Author: /time Magazine | Title: Campaign Finance: Debating For Dollars | 4/2/2001 | See Source »

...Cindy McCain sat in the gallery high above the action. On the floor her husband was so happy that he looked close to tears. Feingold, not known for his collegiality, was as congenial as could be, huddling with other Democrats, a broad smile on his face...

Author: /time Magazine | Title: A New Day or a False Dawn? | 3/31/2001 | See Source »

...both sides know the game is far from over. Tom DeLay, the Republican majority whip in the House, vowed last week that he will "try anything I can" to defeat the bill, and no one doubts it is possible. Though reform bills have passed the House twice before, McCain-Feingold has changed so dramatically that it has united DeLay and top Democrats in opposition. Sources told TIME that Democratic leader Richard Gephardt complained about the increased hard-money limits directly to Daschle. He was especially angered by plans to tie the limits to the inflation rate. "If politicians make their...

Author: /time Magazine | Title: A New Day or a False Dawn? | 3/31/2001 | See Source »

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