Campaign Finance ‘Reformers’ Open the Floodgates

By David Arkush and Craig Holman
Special to Roll Call

June 5, 2008

The presumptive presidential nominees, Sens. John McCain (R-Ariz.) and Barack Obama (D-Ill.), are exploiting a major loophole in the campaign finance law. Both Senators are setting up joint fundraising committees that allow the wealthy to donate $70,000 or more on behalf of their campaigns.

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