Thursday, December 16, 2004

Republicans go after 527's -- there is a loophole in campaign finance laws that allows Democrats to raise money...

President Bush suggested during the campaign that the 527s needed to be regulated under the Bipartisan Campaign Reform Act. One of the authors of the bill, Sen. John McCain (R-AZ), agreed with Bush that the Federal Election Commission had failed to enforce the provisions of BCRA.

On Monday, White House Press Secretary Scott McClellan told Talon News that Bush was "committed to working through the courts to try to address this issue, and working closely with Sen. McCain on these matters."

McClellan added, "He said if we couldn't resolve it through the courts, that he would work with Senator McCain and look at legislative ways we could address the issue. It was a loophole in the campaign finance laws and the President believes it needs to be stopped."

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