Welcome PAD

To help replenish their hard-pressed party coffers, Arizona Republicans and Democrats have rallied around a mutually beneficial scheme for getting the wage-earner financially involved in politics. Under their Pre-Authorized Deduction program (PAD), a contributor gives his bank the right to tap his checking account for a specified amount. The bank charges 3 1/2-c- per deduction, and the balance is forwarded to the contributor's party. Regular "stockholder reports" will be published tallying how much money was received from the plan and how it was spent. Most politicians think the checkoff system will have broad appeal, attracting a large number of small contributions (expected to range from 50-c- to $5). One major drawback: the donations are not taxdeductible.

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