The_RANDy_Corporation
08-03-2001, 03:23 PM
Money follows power.
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Senate Takeover Spells Big Donor Bucks for Prominent Democrats
By Sharon Theimer Associated Press Writer
Published: Aug 3, 2001
WASHINGTON (AP) - Senate Democrats cashed in quickly on their new power, taking in hundreds of thousands of dollars from donors within days of taking over the chamber.
In June, Tom Harkin of Iowa raised nearly half the money his campaign has collected this year as farm interests flooded him with donations during his first month as chairman of the Agriculture Committee, new Federal Election Commission reports show.
Two senators with possible presidential aspirations experienced similar good fortune.
John Edwards of North Carolina raised more in June than in the five previous months combined. Massachusetts' John Kerry collected $1.1 million after taking over the Senate Small Business Committee.
Democrats were energized by the party's new ability to set the Senate agenda, and the contributions "reflected a desire to keep it that way after 2002," said David Wade, a spokesman for Kerry.
Senate Majority Leader Tom Daschle rose to his new perch when Sen. James Jeffords of Vermont left the Republican Party in late May and broke a 50-50 tie.
Daschle's political action committee was an immediate big winner.
More than half the $1.1 million DASHPAC has raised this year came in June. Daschle's PAC raised only $602,250 during the first six months of 1999, the last nonelection year when Democrats were still in the minority.
The sudden influx of donations indicates "once the power shifts, so does the money," campaign finance expert Larry Makinson said. . . .
AP (http://ap.tbo.com/ap/breaking/MGAD7M1EYPC.html)
***
Senate Takeover Spells Big Donor Bucks for Prominent Democrats
By Sharon Theimer Associated Press Writer
Published: Aug 3, 2001
WASHINGTON (AP) - Senate Democrats cashed in quickly on their new power, taking in hundreds of thousands of dollars from donors within days of taking over the chamber.
In June, Tom Harkin of Iowa raised nearly half the money his campaign has collected this year as farm interests flooded him with donations during his first month as chairman of the Agriculture Committee, new Federal Election Commission reports show.
Two senators with possible presidential aspirations experienced similar good fortune.
John Edwards of North Carolina raised more in June than in the five previous months combined. Massachusetts' John Kerry collected $1.1 million after taking over the Senate Small Business Committee.
Democrats were energized by the party's new ability to set the Senate agenda, and the contributions "reflected a desire to keep it that way after 2002," said David Wade, a spokesman for Kerry.
Senate Majority Leader Tom Daschle rose to his new perch when Sen. James Jeffords of Vermont left the Republican Party in late May and broke a 50-50 tie.
Daschle's political action committee was an immediate big winner.
More than half the $1.1 million DASHPAC has raised this year came in June. Daschle's PAC raised only $602,250 during the first six months of 1999, the last nonelection year when Democrats were still in the minority.
The sudden influx of donations indicates "once the power shifts, so does the money," campaign finance expert Larry Makinson said. . . .
AP (http://ap.tbo.com/ap/breaking/MGAD7M1EYPC.html)