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June 18, 2010

Loopholes Grow in Campaign Finance Bill

Democrats "are pushing hard for legislation to rein in the power of special interests by requiring more disclosure of their roles in paying for campaign advertising -- but as they struggle to find the votes they need to pass it they are carving out loopholes for, yes, special interests," the New York Times reports.

"In a deal that left even architects of the legislation squirming with unease, authors of a bill intended to counter a Supreme Court ruling allowing corporations and unions to pour money directly into campaign commercials provided an exception this week for the National Rifle Association, one of the most powerful lobbying groups in Washington."

The "resulting uproar" led Democrats "to expand the exception to cover even more interest groups as they tried to secure votes for the measure, which is opposed by most Republicans."

Meanwhile, The Hill reports House Democratic leaders scrapped today's planned vote on the legislation "as they struggled to unite liberals and Blue Dog Democrats on the measure."


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