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Flood of campaign cash shows the failure of McCain-Feingold
The Washington DC Examiner Newspaper, The Examiner Apr 4, 2007 2:00 AM (975 days ago)WASHINGTON Well, so much for “getting rid of the corrupting influence of money on politics” — the basic aim of the Bipartisan Campaign Finance Reform Act of 2002, aka as McCain-Feingold. That’s Sen. Russ Feingold, D-Wis., and Sen. John McCain, R-Ariz., the presumptive front-runner for the 2008 GOP presidential nomination who raised “only” $12.5 million during the first three months of 2007. The Arizona senator trailed far behind former Massachusetts Gov. Mitt Romney, who raised $21 million and former New York Mayor Rudy Giuliani who raised $15 million, $10 million of which came in March alone. Among Democrats, Sen. Hillary Clinton, D-N.Y., raised $26 million, former North Carolina Sen. John Edwards raised $14 million and New Mexico Gov. Bill Richardson raised $6 million. Sen.Barack Obama, D-Ill., has not released his figures but is estimated to have raised about $22 million. Collectively, more than $125 million has been raised by the 2008 presidential candidates in just three months, with more than nine months to go before the first primary.
http://www.examiner.com/a-655501~Flood_of_campaign_cash_show s_the_failure_of_McCain_Feingold.html The above excerpt and link will be sent by email. |
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