‘Soft Money’ Benefits Kerry, Records Show
Federal tax records show Democratic presidential hopeful John F. Kerry’s political action committee raised about $878,000 in “soft money” in the month before a ban on contributions from corporations and labor unions and unlimited donations from any source.
Among the major donors listed in the Massachusetts senator’s nonfederal political action committee reports are Chicago lawyer Robert Clifford and Data International Group chairman Patrick McGovern, who each gave $50,000; and Miami lawyer Milton Ferrell, who donated $29,000. Several lawyers and corporate executives gave $25,000 each, according to an analysis by Political Money Line, an Internet service that tracks campaign finance.
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