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State parties seeking PAC's hard money in DC

State party officials, facing leaner times because of the strict new campaign-finance law, are coming to town to raise money from inside-the-Beltway lobbyists, corporations, labor unions and other interest groups.

The immediate impact is that members of Congress are facing stiffer competition as they try to raise coveted hard dollars from political action committees (PACs).

Federal politicians still can collect limited hard-money contributions under the new McCain-Feingold law, which prohibits them and national party committees from soliciting unlimited soft-money contributions. -- States sharpen race for PAC money (The Hill.com)