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...next generation's corruption. In the 1970s, Congress tackled widespread abuses in campaign finance by wealthy individuals and in effect directed candidates' fund raising toward industry, union and issue-oriented gifts from regulated political- action committees. The device proved effective beyond anyone's imagining: since 1974, the number of PACs has risen from 608 to 4,092, the number of contributors has grown to about 4.5 million, and total donations may reach an estimated $125 million -- perhaps a quarter of all funding -- for this year's House and Senate races. Most PAC money goes to incumbents and comes from groups...

Author: /time Magazine | Title: Pac Attack | 8/25/1986 | See Source »

State Sen. George Bachrach, claiming to be second only to Kennedy in a recent poll, said he has not accepted PAC money...

Author: By Martha A. Bridegam, | Title: James Roosevelt Joins PACked Field In Eighth Congressional District Race | 3/4/1986 | See Source »

...believes that Kennedy-bashing gets you headlines, but this time it's a charge without content," Bachrach said, noting that Kennedy has not yet accepted any PAC contributions...

Author: By Martha A. Bridegam, | Title: James Roosevelt Joins PACked Field In Eighth Congressional District Race | 3/4/1986 | See Source »

State Rep. Thomas M. Gallagher (D-Brighton), a DSA and trade union activist, said he has accepted more than $900 in PAC contributions. "For people like Jim Roosevelt to act like their friends who drop a thousand on them are not a special interest, but somehow a collection of labor money is, is hypocritical," Gallagher said...

Author: By Martha A. Bridegam, | Title: James Roosevelt Joins PACked Field In Eighth Congressional District Race | 3/4/1986 | See Source »

Carter Wilkie, a campaign spokesman for StateRep. Thomas J. Vallely (D-Back Bay), said thecandidate had not accepted PAC money, but opposeda cap on either personal or total campaignspending. Vallely, a millionnaire, has contributedat least $71,000 to his own campaign. Wilkie saidVallely had mortgaged his house for $250,000 toraise campaign funds...

Author: By Martha A. Bridegam, | Title: James Roosevelt Joins PACked Field In Eighth Congressional District Race | 3/4/1986 | See Source »

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