July 23, 2003

THE DEMOCRATS VS. THE ELECTION LAWS, PART MMVII

FEC to Consider Lifting Ban On Soft Money for Conventions (Thomas B. Edsall, July 23, 2003, washingtonpost.com)
Committees organizing the 2004 Republican and Democratic national conventions would be able to continue raising and spending "soft money" -- much of it from businesses -- under a recommendation by the Federal Election Commission's staff. The full commission is scheduled to vote on the matter Thursday.

Officials of the host committee in Boston, where the Democratic convention will be held next July, have complained that fundraising was proceeding poorly because many prospective corporate and trade association donors feared the FEC would ban soft-money gifts. Soft money is the term for unlimited and largely unregulated donations that the national political parties were allowed to collect until
the McCain-Feingold campaign finance law took effect eight months ago. Politicians and lawyers have debated whether the ban applies to the committees that are host to the presidential nominating conventions.

The Boston Globe reported this week that the Democratic host committee had raised $1.7 million, $6.3 million less than it had expected to collect by now. Overall, the committee hopes to raise $28.5 million from private sources, $10 million in "in-kind" or non-cash gifts, and $11 million from various government sources.

Officials of the host committee in New York, where the Republican convention will be held in late August 2004, have reported no difficulty raising large sums. They say they have raised $61 million, just $4 million short of the overall $65 million goal.

Why even write these laws if the Democrats are never bound by them? Posted by Orrin Judd at July 23, 2003 5:59 PM
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