http://www.bloomberg.com/apps/news?pid=10000087&sid=a.yMIma.C1R8July 21 (Bloomberg) -- U.S. House Republicans are considering removing Watergate-era limits on campaign donations even as Majority Leader Tom DeLay and other lawmakers face scrutiny over ethics issues and growing voter disapproval.
DeLay may bring to a floor vote as early as September legislation approved last month by the House Administration Committee. The measure, which the Texan supports, would end limits on political donations that date back to the 1974 campaign-finance law passed after the scandal that led to President Richard Nixon's resignation.
Ohio Representative Robert Ney, the chairman of the House Administration Committee, received $56,500 in contributions from lobbyist Jack Abramoff, Abramoff's partner and their Indian tribe clients, Federal Election Commission records show. Abramoff is under investigation by Congress and the Justice Department. DeLay was rebuked three times last year by the ethics committee.
The measure would remove the $101,400 cap on the total amount an individual can give to political campaigns every two years and would increase political action committee donations to candidates. It would allow lawmakers' own PACs to transfer unlimited amounts to the political parties, which in turn could spend as much as they want on campaigns coordinated with their nominees.
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Now there is campaign finance reform! :sarcasm: