Allies of Sen. John McCain have found new loopholes in the campaign-finance law he helped write -- and they're using them to reel in huge contributions to help him compete with Sen. Barack Obama.
In one method, a Republican Party fund aimed at electing governors has started marketing itself as a home for contributions of unlimited size to help Sen. McCain. His 2002 campaign law limits donations to presidential races to try to curtail the influence of wealth.
The Republican Governors Association isn't subject to those limits, and has long gathered up large donations from individuals and companies.
Thursday, July 03, 2008
McCain Allies Find Finance-Law Holes
The Wall Street Journal reports:
