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Did you listen to Ar today? He gave every indication of veto unless they take the loophole out. Read Ari's statement below

Q Could you describe what exactly is wrong with the soft-money loophole?

MR. FLEISCHER: Well, first of all, it is currently illegal to use soft money to pay off hard money debts. So it just seems like an odd so-called reform to take something that's currently illegal and legalize a million-dollar, multimillion-dollar infusion of soft money into the system. If campaign reform is designed to get soft money out of the system, then why are they changing something that is currently illegal about using the soft money and inviting more millions of dollars of soft money to pay off debts?

The other interesting issue about it, Steve, is if you take a look at the debts of the Republican National Committee and the Democratic National Committee, the Republican National Committee does not have any hard-money debt; the Democratic National Committee has approximately $10.8 million in debt, much of it hard, much of it soft.

Q Might that be why you're opposed to the loophole?

MR. FLEISCHER: Well, I think that's also one of the issues why this midnight change was put in there. No change should be designed to help one party or another party, it should be a fair reform to all.