PAC tied to DeLay is fined, shutting down

[cal04]

The fundraising organization that helped vault former Rep. Tom DeLay to Republican leadership ranks in the House and distributed election money to numerous Republicans has been fined for campaign finance violations and is shutting down.


Under an agreement with the Federal Election Commission, Americans for a Republican Majority's political action committee agreed to pay a $115,000 fine and close. The agreement, reached July 7, was made public late Wednesday.

The agreement resulted from an audit by the FEC of the committee's records for Jan. 1, 2001 to Dec. 31, 2002. The audit found DeLay's committee had not properly reported contributions, disbursements and cash on hand.

It also found the committee failed to properly report outstanding debts and obligations and did not follow federal rules for paying for shared federal and nonfederal activities.

http://news.yahoo.com/s/ap/20060720/ap_on_el_ge/delay_armpac

[sinkingfeeling]

1. Bet they'll reopen under a different name within weeks.

[hippiechick]

2. Yepper.

And not a very different name, either. :eyes: Asshats.

[Warpy]

3. If anything ever qualified for RICO charges, it's this bunch

Hell, the whole RNC leadership does. What else do you call what they've done to the election process in this country but INTERSTATE RACKETEERING?

[Initech]

4. America 2, Delay 0