Senate voted to raise political contributions
WASHINGTON - The Senate voted overwhelmingly yesterday to raise the
limits on contributions to candidates and political parties, hoping to
strike a balance on campaign finance legislation one day after moving
to flush millions of dollars out of the nation's political system.
The 84-16 vote on a hastily crafted compromise cleared the latest
- but not the last - hurdle blocking passage of legislation pressed by
Sen. John McCain and his allies to curtail the influence of big money
in politics.
"Money is not evil in and of itself," said Sen. Fred Thompson, R-Tenn.,
shortly before the Senate agreed to increase donation limits enacted in
the wake of the Watergate scandal a quarter-century ago.
Donors would be permitted to give $2,000 a year each to candidates
of their choice, and $37,500 overall to candidates and political parties
for use in direct campaign expenses. These limits would rise with inflation
in the future.
The current limits are $1,000 and $25,000.
Sen. Russ Feingold of Wisconsin, the leading Democratic supporter
of the bill, emerged to say he would give his support reluctantly to the
increases. "We have to make this move," he said, or else risk the unraveling
of a coalition that has been painstakingly put together in nearly two
weeks of floor debate.
Even with the compromise, other obstacles remain, including a thorny
question of whether the Supreme Court should be directed to consider the
measure one provision at a time, or render a verdict on its constitutionality
as a whole. Lawmakers on all sides of the bill have raised questions about
the constitutionality of a variety of its provisions, and the importance
of the issue was reinforced during the day when the Southeastern Legal
Foundation announced plans to file suit challenging the bill if it becomes
law.
In addition, Sen. Mitch McConnell, R-Ky., has not yet agreed to set
a time for a vote on final passage, raising the threat, at least, that
he or others might attempt to mount a late filibuster against a measure
he has long opposed.
The overall legislation would ban so-called soft money, the unlimited
donations that individuals, unions and corporations make to the political
parties, and the Senate signaled support for passage of that provision
on Tuesday on a vote of 60-40. Together the two parties raised $480 million
in such donations in the election cycle that ended last November.
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