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Campaign Finance Ban on 'Soft Money' Takes Effect

Some analysts say the 2002 congressional races are the most lavishly financed in U.S. history. But tough provisions of a new campaign finance reform law take effect at midnight Tuesday, making so-called "soft money" off-limits to party committees. NPR's Peter Overby reports.

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Peter Overby has covered Washington power, money, and influence since a foresighted NPR editor created the beat in 1994.
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