The NY Times offers this report, which begins: “Gov. Eliot Spitzer and legislative leaders agreed on Thursday to the broadest overhaul of New York’s notoriously lax campaign finance laws since they were enacted after Watergate, ending a stalemate that had halted action at the Capitol for nearly a month. The agreement would ban contributions from registered lobbyists and substantially reduce the amount of money most donors can give, though it did not go as far as Mr. Spitzer and government watchdog groups had wanted. New York would still have individual contribution limits that are five times higher than federal campaign restrictions and are among the highest of any state that sets limits.”