Send Us Hatemail ! mailbag@conservativecave.com
0 Members and 1 Guest are viewing this topic.
Gephardt pays $42K FEC fineFormer House Democratic Leader Dick Gephardt, in a settlement made public Monday, agreed to pay a $42,000 fine to settle charges that his 2004 presidential campaign violated federal election laws.The Federal Election Commission had accused Gephardt of accepting $212,000 worth of illegal, over-the-limit contributions and also of violating the spending limits imposed by the presidential public financing system.Gephardt – the former Missouri congressman whose presidential fundraising lagged behind that of 2004 rivals Howard Dean, John Kerry, John Edwards – got $4.1 million in so-called matching public funds.But the financing system restricts spending to a certain amount in each state. And Gephardt, who largely bet his campaign on winning the Iowa caucus, spent nearly $163,000 more than allowed in Iowa, according to the commission.Gephardt, whose lawyer did not respond to messages seeking comment, did not admit to wrongdoing in the settlement.More