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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Yousef who wrote (201291)	9/10/2004 4:22:56 PM
From: tejek	Respond to of 1574499

Republicans open check books for new independent groups By Julia Malone Cox News Service Wednesday, September 08, 2004 WASHINGTON — Republicans are revving up a major independent campaign to run television ads promoting President Bush and attacking Democratic challenger John Kerry. After more than a year of watching Democratic activists build their network of groups to hammer the president, major Republican donors in recent weeks have set aside doubts about legalities and begun writing huge checks for similar organizations on the GOP side. The groups, often dubbed "527s" for the section of the tax code that governs them, have emerged at the center of this year's campaign. They can collect and spend unlimited "soft money" donations, which are now banned for parties and presidential campaigns. The president has openly opposed the 527s as an attempt to evade campaign laws, and Republicans at first tried to force federal regulators to curb the independent effort. But now that the Federal Election Commission has declined to stop the Democratic groups, some in the GOP are rushing to finance their own. "Now it's no holds barred," said Kenneth A. Gross, a campaign finance lawyer. palmbeachpost.com