 June 20, 2008
Posted: 03:40 PM ET
From CNN Senior Political Producer Sasha Johnson 
MoveOn.org is getting out of the 527 business.
 WASHINGTON (CNN) — The political advocacy group MoveOn.org is getting out of the 527 business. "While MoveOn Political Action has always been funded exclusively by small donors like you, we've held open the MoveOn.org Voter Fund - a separate "527″ organization - which can raise money from big donors. We haven't actually taken any big-money checks since 2004," MoveOn.org Executive Director Eli Pariser wrote in an email to the group's members. "In light of the new politics offered by Barack Obama, I've come to believe it's time to close the 527 forever." The presumptive Democratic presidential nominee has said he does not want "527s" and outside, independent groups advertising on his behalf in the general election. A "527″ is an political organization that can raise money in high dollar amounts and launch political advocacy campaigns, including television ads. Filed under: 527 |
 
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