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(Studio) Federal Election Commission (FEC) loses power to hand out matching president funds at midnight. Democratic national committee and 7 Democratic candidates ask deadline to be extended to April 21.
REPORTER: Harry Reasoner
(DC) [Commission MBR. - makes motion.] [Chairperson Thomas CURTIS - calls for vote.] Federal Election Commission approved $1 million in matching political funds. [CURTIS - cites controversies with regard to Federal Election Commission legislature] Issues include whether corps. or unions can ask members for political gifts and how much of a veto Congress should have over FEC rules.
REPORTER: Vic Ratner
- Ratner, Vic;
- Reasoner, Harry
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