Kerry Victory 2004 is first joint DNC/Pres Campaign joint fund raiser

[papau]

Seems Roll Call has noticed that the joint fundraising committee, Kerry Victory 2004, that allows donors to contribute both to Kerry and to the Democratic National Committee, is the first time a Democratic candidate and the DNC have struck such a deal, which puts the first $2,000 of any check in the Kerry campaign's account, and the rest goes to the party, and the two split the costs of events designed to bring in money for the JFC.

For those with some money, the rules are that individual contributors are limited to $95,000 in donations per election cycle with $37,500 of that allocated to individual candidates and $57,500 to political action committees and parties.