Republicans kill the bill to clean up sleazy political fundraising.
Legislation to reform shady big money campaign fundraising is dead in Congress. Republican opponents in the Senate killed it today. It was the latest in a long-running attempt to toughen loose laws that shield hidden donors with loose wallets and deep pockets. As CBS's Bob Schieffer reports, when it came to the crunch today on campaign finance reform, it was all talk and no action. For all those promises of bipartisan cooperation to clean up the system, for all the investigations into White House coffees, Buddhist temple fundraisers, stories about top Republicans chasing campaign money in Hong Kong, and slick operator Roger Tamraz bragging about buying appointments with the President, for all of that, Senators took a deep breath and killed campaign finance reform for another year.