Congress to vote on bill that would roll back much of McCain Feingold

[LittleClarkie]

http://www.citizen.org/congress/campaign/legislation/pence_wynn/

I also found this over at DailyKos:

"Sometime during the next few weeks, the U.S. House is expected to vote on controversial legislation to roll back many of the most crucial laws governing the financing of the country's congressional and presidential elections.

The legislation, H.R. 1316, sponsored by Reps. Bob Ney (R-Ohio), Mike Pence (R-Ind.) and Albert Wynn (D-Md.), not only would repeal key provisions of the Bipartisan Campaign Reform Act (BCRA), enacted two years ago and commonly known as the McCain-Feingold law, but also roll back landmark campaign finance reforms put into law more than three decades ago in the wake of the Watergate scandal.

Under the bill, federal officeholders once again would be free to solicit big donors to give six- and seven-figure campaign contributions - exactly the type of campaign donations that have the potential to corrupt politicians and convince citizens that our system of elections and government is rigged against their interests by wealthy elites who play by different rules.

Ironically, pressure for passing H.R. 1316 is coming from House Majority Leader Tom DeLay (R-Texas) and House Administration Committee Chairman Bob Ney (R-Ohio) - two congressional leaders who themselves are embroiled in ethics and special interest money scandals."

more at Kos: http://www.dailykos.com/story/2005/7/11/174344/166

Looks like trouble for the grassroots, possibly.

[dcfirefighter]

1. mixed blessing

THere are those who refer to the McCaine-Feingold act as the 'incumbent re-election' act.

[LittleClarkie]

2. But what will this do to 527s

some I won't care much about, like the Smear Vets. But what about Moveon and ACT (is that a 527?) Will they're loophole be closed? Or did they exist before?

I know that McCain Feingold is swiss cheese. But I'm wondering if it's better to plug the holes than to repeal it.