Democrats` Magic Number: 527
With the unlimited “soft money” contributions to national political parties ostensibly banned by the 2002 Bipartisan Campaign Reform Act (BCRA, also known as the McCain-Feingold law), Democrats are counting on their 527 groups, organized under section 527 of the Internal Revenue Code, and bankrolled by billionaire currency speculator George Soros, Real Networks CEO Robert Glaser, labor unions, and others.
Posted:
3/10/2004 9:47:05 AM
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