The Federal Election Commission has fined one of the last cycle’s biggest liberal political action committees $775,000 for using unregulated soft money to boost John Kerry and other Democratic candidates during the 2004 elections.
America Coming Together (ACT) raised $137 million for its get-out-the-vote effort in 2004, but the FEC found most of that cash came through contributions that violated federal limits.
The group’s big donors included George Soros, Progressive Corp. chairman Peter Lewis and the Service Employees International Union.
The settlement, which the FEC approved unanimously, is the third largest enforcement penalty in the commission’s 33-year history.
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