The Detroit News. Senate Majority Leader Trent Lott, R-Miss., said he liked an alternative that would limit, not ban, soft money.
Senators hope to reach a compromise on campaign donation regulations by the end of the week.
McCain, R-Ariz., continued to press for a full ban on soft money, the loosely regulated, unlimited donations that unions, corporations and individuals make to political parties. We are threatening the system that keeps these people in power. We are threatening incumbency. Have no doubt what is at stake here. So you can probably predict more of this kind of hysteria as we come closer to passage.