House panel to subpoena Section 527 fund-raisers (Soft Money)

Washington Times ^ | 11/21/03 | Brian DeBose

[kattracks]

House Republicans yesterday cleared the way to subpoena leaders from Democratic-leaning groups to get them to answer questions about their fund-raising tactics for political campaigns.

Rep. Bob Ney, Ohio Republican and chairman of the House Administration Committee, summoned representatives from private political groups

[concerned about politics]

The groups targeted by the committee fall under Section 527 of the Internal Revenue Service code. The section, created in 1975, allows groups to accept non-tax-deductible contributions without having to disclose the donors or their expenditures. Democrats called the hearing a "partisan sham." Mr. Ney said Section 527 was being used as a loophole to raise soft money banned under the Bipartisan Campaign Reform Act (BCRA) passed by Congress last year.

If the Socialists are innocent, they don't need to worry about it. They supported the campain finance reform.
Don't they want to know if they're legal, too? This is a bipartisan issue. We all know how Democrats hate "loopholes", don't we?

[freetradenotfree]

bump

[CFC__VRWC]

We all know how Democrats hate "loopholes", don't we?

It's only a "loophole" when it benefits Republicans.

When it benefits Democrats, it's a "necessary measure to level the playing field."