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1 posted on 11/20/2003 11:49:07 PM PST by kattracks
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To: kattracks
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?

2 posted on 11/21/2003 12:00:37 AM PST by concerned about politics ( "Satire". It's Just "Satire.".......So it is.)
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