FEC Won't Impose 'Soft Money' Restrictions

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WASHINGTON, D.C. Democratic political interest groups can continue to spend millions of dollars on the presidential election after the Federal Election Commission decided Thursday to postpone making a decision for three months on whether to regulate such groups.

Republicans had asked the FEC to place fundraising and spending restrictions on the groups, known as 527s under the Internal Revenue Service’s tax code. But four of the six FEC members voted to table the issue for 90 days.

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