GOP Money Laundering Scheme buried in Transportation Appropriations

[Democrat 4 Ever]

I couldn't find this posted anywhere on DU.

Just when you think they can't get any bolder, they give proof positive they are bought and paid for completely. There is one comment on the site that said he/she could not find the provision within the bill. Anybody know anything about this? How credible is Capital Buzz?

New GOP Money Laundering Scheme

Before Congress left Washington for the summer, Republicans quietly inserted a provision into the Transportation Appropriations bill that would repeal the cap on the amount of money a "Leadership PAC" can donate to a political party. The bill is set to come up for a vote in the fall and could be a political disaster for Democrats.

By repealing the caps, Senators and Representatives will be able to raise substantial sums of money for their leadership PACs from the same donors who have already maxed out to their campaign committees. As a result, they will be able to launder these contributions backs to their campaigns through the RNC, NRSC or NRCC.

http://capitolbuzz.blogspot.com/2005/08/new-gop-money-laundering-scheme.html