Word: feingolds
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...becomes the day's lead story," he said. Penn told him about the new spot, and they decided to put it up immediately. To further blunt Dole's attack, the White House readied some Clinton remarks on campaign-finance reform. He would come out in favor of the McCain-Feingold reform bill, which he had done nothing to support during the previous session and which Dole helped kill. The late response didn't make the problem go away, but it seemed to do the job. Clinton's fund-raising tactics might end up hobbling his second term, but they wouldn...
...from American Ambulance & Oxygen to the U.S. Tobacco Co. proposed eliminating "soft money" contributions--the unlimited donations to the national and state parties that pay for everything from negative ads to get-out-the-vote drives. He reiterated his support for the only piece of legislation around, the McCain-Feingold bill, that would ban soft money, as well as set voluntary spending limits for House and Senate races, grant free TV time to candidates who accept those limits, ban or severely limit pac money. And Clinton now wants to ban contributions from non-U.S. citizens...
...clear; but it almost doesn't matter in Washington, where the most outrageous acts are often the ones permitted by law. And so the momentum grows to rewrite the very rules that were born out of the last campaign-finance scandal, 24 years ago. Senators John McCain and Russell Feingold announced last week they planned to reintroduce their bill in the next Congress. But even if it does pass, the law may not be able to close one of the biggest loopholes in the system--the one reinforced last June by the Supreme Court that allows the "independent" allies...
...more. There's no end in sight. Bill Clinton and Bob Dole both promised in their first debate that they would get serious about reforming campaign-finance laws, but they have studiously avoided the subject in the past 12 months; Congress has been stalled all year on the McCain-Feingold campaign-reform bill, its most comprehensive attempt to close the loopholes. And the absence of any serious enforcement of the existing laws by the Federal Election Commission is so well known that it continues to embolden Democrats and Republicans to pull their shenanigans...
...McCain of Arizona, who, despite his long-standing friendship with Dole, has sponsored a bill that would turn off the soft-money spigot. Unlike any of the growing number of campaign-finance reform measures being floated on Capitol Hill, his bill, which is co-sponsored by Democratic Senator Russell Feingold of Wisconsin, would stop the flow of these funds by preventing national parties from distributing the money to state parties. After months of trying, the two sponsors have finally succeeded in getting the Senate to schedule a debate on the bill next week, though they face daunting opposition from their...