October 24, 2002
OUR THING:Pelosi's PAC Stirs Questions (Ethan Wallison, October 24, 2002, Roll Call)
Campaign finance experts and watchdogs are questioning the legality of twin leadership PACs that have enabled Minority Whip Nancy Pelosi (D-Calif.) to double up on hard-dollar contributions she has given and received this election cycle.
The experts suggest that the use of the two committees, PAC to the Future and Team Majority, amounts to a probable violation of laws intended to prevent lawmakers from multiplying their leadership political action committees in order to defy contribution limits. The treasurer for the two committees, former California Lt. Gov. Leo McCarthy (D), acknowledges that the PACs are identical in all but name.
"They've got a real problem here," said Trevor Potter, a former commissioner at the Federal Election Commission, citing "affiliation rules" that are intended to ensure that PACs observe the $5,000 limits on gifts.
"It sounds like a circumvention scheme to double the contribution limits. The law doesn't allow that," said Potter, who based his assessment on a verbal description of the PACs. "They're over the limits for everyone they've given money to. They're probably going to have to ask for that money back."
Thank goodness the military loathes them, because at the rate the Democrats are disregarding laws and constitutional provisions in a desperate bid to retain power, you almost expect an attempted coup next. Posted by Orrin Judd at October 24, 2002 4:46 PM