71. A few months later, in May, McCain approached Feingold about joining on his campaign finance bill to eliminate the use of soft money in political races. 72. A bill to ban soft money comes before Congress this fall. 73. A bill to ban soft money is now stalled in the House. 74. A bill, scheduled for House debate on Wednesday, would allow certain non-profit groups to funnel soft money without disclosing information on donors, he said. 75. A bipartisan measure that has drawn the support of many groups would ban the unregulated donations that are known as soft money to political parties. 76. A growing number of business leaders, like Warren Buffett, are calling for an end to soft money. 77. A soft money ban is also a prerequisite for deeper reforms, since the large amounts make special interests so powerful. 78. A soft money ban sponsored in part by McCain has failed in Congress because of opposition from Republicans. 79. According to a study by the Center for Responsive Politics, most soft money contributions are made by businesses with a direct stake in federal policies. 80. Advocates of a ban say that soft money is corrupting politics by allowing deep-pocketed donors to buy influence in Congress. |