Soft-Money Giving Rises, Group Reports
The Democratic and Republican parties raised an unprecedented $263.5 million in largely unregulated “soft money” donations during the two-year cycle leading up to last year’s election, a research organization reported. The total was about 2 1/2 times the $106.4 million donated in 1993-94, the Washington-based Center for Responsive Politics said. Soft money is given by corporations, labor unions and wealthy individuals and cannot legally be spent directly in behalf of a particular candidate.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
