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527 'Em!

Some of the Democratic party's biggest donors, worried that the GOP's fundraising prowess could dampen their chances of capturing one or both houses of Congress, are considering funding outside committees to help gather cash for ad campaigns, The Hotline reports. These groups, known as 527s for the part of the tax code that regulates them, can make big differences in close races, freeing up money that candidates might spend on TV to focus on get-out-the-vote and other efforts. But according to the Fresh Start America Project's Michael Gehrke, a former aide to Sen. John Kerry, "A lot of what we do is going to depend on what we raise, and in some ways, what we raise is going to depend on what we do."

Read the whole story at The Hotline »

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