Word: pac
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...biggest single payoff will come next month at a dinner benefiting both the House and Senate campaign committees. Senators ranging from New York's Alfonse D'Amato to Michigan's Spence Abraham have been personally dunning CEOs. But the hard sell is not necessary. The PAC of the big-time lobbying law firm Verner Liipfert, for one, has already decided to give at least 60% of its money to Republicans; it used to give 70% to Democrats. And Congressman Deal has been getting a different kind of payoff for his recent switch: his calls have been running...
...cutting out committees entirely or reducing them in size, Gingrich eliminates some of the opportunity for PAC money to flow to lawmakers from the | industries they oversee -- money that can make lawmakers loyal to outside masters. If fewer Republicans are getting PAC money from agribusiness, for example, the Speaker may have less trouble commanding party loyalty in any vote to cut, say, farm subsidies. To achieve a similar end, some of the most powerful committees have had their authority reduced. Still, Gingrich didn't pare back all of the sprawl. Ways and Means, for instance, is a magnet for campaign...
...report "Follow the Money" ((TIME ON CAPITOL HILL, Nov. 7)) provided campaign-finance information on congressional candidates using data from Federal Election Commission reports. Several candidates complained that although they do not accept PAC money, figures for PAC donations appeared in their listing. The amounts in the PAC column included donations from political committees acting as PACs, some of which are candidate-campaign committees that take money from PACs. Our column heading should have reflected that fact...
Chiles' handlers profess confidence, noting that he has just lately run his first TV spots, in part because he refuses PAC money or any individual contribution over $100. Indeed, few play the populist card better than Chiles, as Bush learned during a recent debate. The challenger switched briefly into Spanish and then turned to Chiles: "Governor, what I've just said was the Governor needs to lead. And the government needs to be able to sell...
Having failed to pass serious campaign-finance reform, the Congress was steaming toward almost certain approval of new rules against taking free meals, golf trips and other goodies from lobbyists. Bob Michel wryly observed that soon a lobbyist's PAC won't be able to buy him a Big Mac -- but can give him a $5,000 campaign contribution...