Washington passes first law to force campaign donor disclosure
President Clinton signed a sweeping campaign finance bill requiring section 527 groups to reveal donors within 24 hours of formation and report contributions and spending quarterly and before elections. The measure aims to close loopholes used by tax exempt groups and PACs to influence elections without disclosures.
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Compromise elusive as Congress weighs tax and drug plans
Republicans push for broad tax cuts and private Medicare drug options while Democrats, led by Clinton, push back. lawmakers expect election-year gridlock despite occasional bipartisan steps, with potential for a few spending bills and trade-relations moves to pass before October.
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