Murtha campaign finance memo sparks rumors

The Hill reports that a memorandum on campaign finance law is sparking rumors that Rep. Murtha may retire.

Federal election law allows funds in campaign committee accounts to be donated to the party’s reelection coffers, spent on individual federal, state and local races or donated to charity. The rules are less clear when it comes to leadership political action committees, although most retiring lawmakers hold onto the money, continue donating to colleagues or give it to charity.

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