Peter Overby

As NPR's correspondent covering campaign finance and lobbying, Peter Overby totes around a business card that reads Power, Money & Influence Correspondent. Some of his lobbyist sources call it the best job title in Washington.

Overby was awarded an Alfred I. duPont-Columbia silver baton for his coverage of the 2000 campaign and the 2001 Senate vote to tighten the rules on campaign finance. The citation said his reporting "set the bar" for the beat.

In 2008, he teamed up with the Center for Investigative Reporting on the Secret Money Project, an extended multimedia investigation of outside-money groups in federal elections.

Joining with NPR congressional correspondent Andrea Seabrook in 2009, Overby helped to produce Dollar Politics, a multimedia examination of the ties between lawmakers and lobbyists, as Congress considered the health-care overhaul bill. The series went on to win the annual award for excellence in Washington-based reporting given by the Radio and Television Correspondents Association.

Because life is about more than politics, even in Washington, Overby has veered off his beat long enough to do a few other stories, including an appreciation of R&B star Jackie Wilson and a look back at an 1887 shooting in the Capitol, when an angry journalist fatally wounded a congressman-turned-lobbyist.

Before coming to NPR in 1994, Overby was senior editor at Common Cause Magazine, where he shared a 1992 Investigative Reporters and Editors Award for magazine writing. His work has appeared in publications ranging from the Congressional Quarterly Guide to Congress and Los Angeles Times to the Utne Reader and Reader's Digest (including the large-print edition).

Overby is a Washington-area native and lives in Northern Virginia with his family.

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While the Supreme Court this month took another step in freeing up big political donors, another set of federal restrictions on political money is celebrating its 20th anniversary. The so-called pay-to-play rules — enforced by the Securities and Exchange Commission — are a narrow but powerful way to control political cash.

Think "pay to play" and you might think of video games or high school sports. But in politics, "pay to play" refers to something totally different — a particular kind of political corruption.

Newt 2012, the presidential campaign vehicle for Newt Gingrich last time around, couldn't bag the Republican nomination for him.

And now, the former House speaker's committee still owes $4.7 million from the attempt.

The campaign tells the Federal Election Commission that its debt on April 1, 2014, was just $14,507 less than the amount owed on May 31, 2012 — the month Gingrich officially suspended his White House bid.

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Ever since the Watergate era, taxpayers have been able to check a box on their federal tax returns and designate a little bit of their tax payment to help finance the presidential campaigns and wean politicians away from big donors.

The public financing program has had its ups and downs. But now President Obama is prepared to sign legislation that, for the first time, takes taxpayer money out of the fund.

First of all, let's pause to reflect on some of the great moments of American political conventions brought to you by presidential matching funds.

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