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Rep. Wolf charges Socas has violated "millionaire's amendment"

AP reports: A congressman alleged Thursday that his opponent violated a new campaign finance law designed to regulate the spending of millionaires seeking political office.

The campaign of Rep. Frank Wolf, a Republican, complained to the Federal Election Commission that Democrat James Socas failed to notify the commission and Wolf's campaign as required when he contributed an additional $150,000 to his own campaign on Monday.

The Wolf campaign said the $150,000 came on top of $349,000 Socas had already given to his campaign, for a total of $499,000 in self-financing.

Under the new law, a House candidate who lends or contributes more than $350,000 to his own campaign must notify his opponent, the opponent's political party headquarters and the FEC within 24 hours of doing so. -- Va. congressman files FEC complaint (AP via bakersfield.com)

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