McCain-Feingold Campaign Finance. The intent behind the McCain-Feingold Campaign Finance bill is to squelch criticism of government and elected officials. The bill would further limit contributions by organizations and corporations to political parties and require most organizations criticizing federal elected officials to file financial reports with the FEC. Regulations under McCain-Feingold and Shays-Meehan (the corresponding House version of the bill) would essentially require disclosure of the names and political finances of political activists. The bill would not abolish or directly restrict free speech and free press. But requiring disclosure is a measure of political control by intimidation.
The Senate passed S. 27 on April 2, 2001 by a vote of 59-41 (Roll Call 64). We have assigned pluses to the nays.
