August 04, 2004

A tool for good and evil

Al Tompkins writes a great daily piece aimed at news writers, about subjects that might by be big stories soon, and resources for researching them.

Today he highlights "527" fundraising groups.

The "527" organizations get their name from a federal tax law that allows groups to collect unlimited amounts of money to spend in support a candidate. However, direct contributions to a candidate are not permitted.
Posted by jackhodgson at August 4, 2004 10:32 AM