As Congress tries to deal with its long list of unfinished business, among the top and most contentious items has been the proposed extension of the payroll-tax cut.
As Propublica reported earlier this week, the Federal Election Commission, which regulates the flow of political cash, has been plagued by persistent gridlock on some key areas of campaign finance. Whyâ€™s that important? Because, as we explain, more money is coming in and much of it is flowing in through new and barely regulated groups.
As the presidential campaign swings into high gear, rivers of cash are flowing in to support the candidates, and experts are predicting billions will be raised by next fall. The likely record-breaking donations are thanks in large part to new groups that are taking in unlimited dollars and exploring the outer limits of campaign finance […]