New Election Law Opens Loopholes for Contributions
The new election law, taking effect today, tightens spending rules for television and other ads but retains loopholes allowing anonymous donor money. Pre-April 7 contributors remain undisclosed, while first quarterly reports June 10 will show large donations and committee balances. It sets per race limits and requires filings to various federal offices, though enforcement and self-monitoring raise concerns.
MENTIONED IN THIS ARTICLE
Washington
John Gardner
Citizens Lobby
Nixon
Senate
House
New Housing Market Seen Favorable for Buyers Sellers and Lenders
AP analyst notes surveys show 49 percent of consumers think now is a good time to buy and builders expect record starts. Lenders remain optimistic despite rising rates, offering 95 percent mortgages and other incentives to keep loans moving. Women gain loan access, the elderly may skip cosigners, and February housing starts hit a record 2.68 million as mild winter aids activity. The outlook remains confident but cautious amid history of rate volatility and regulatory tweaks.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
University of Michigan
Also Mentioned on This Page
H.L. Schwartz
Associated Press
New Hampshire
George S. McGovern
Edmund S. Muskie
Hubert H. Humphrey
John V. Lindsay
Henry Jackson
George Wallace
Alabama
Commerce
Maurice H. Stans
Russell Hemenway
National Committee For An Effective Congress
U.S. Senate
Secretary of the
General Accounting Office
Congress
Justice Department
Gardner
Business Mirror
Dietitu
John Crowder
Star Cleaners
S. Main ST
N. Main St
High Point Photo
Kodak
New Baby
the Little Kodak
Pocket Carousel
Carolina Ford Dealers
Carolina
Ford Ltd
Crescent Ford, Inc
Winston Road
High Point, N. C
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