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03-06-2008, 02:22 AM #1
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McCainâ??s Lingering FEC Problem
LOL.....so the Ron Paulies are merging with the Dem network now. Let's see what CNN has to say:
(CNN) â?? John McCain will turn down government matching funds for his primary campaign, a move that frees the Arizona senator and campaign finance reform advocate from spending caps.
In a letter to the Federal Elections Commission Monday, the presumptive Republican nominee wrote he will "make no requests for matching payments, and will not accept matching-fund payments, including the initial amounts and other amounts certified by the Federal Election Commission in connection with previous submissions."
McCain had asked to participate in the system, in a last ditch effort to keep his cash-poor campaign alive. In December, the FEC said he was eligible for $5.8 million. But had he accepted that money, McCain would have only been allowed to spend about $54 million total on his primary campaign, according to the Associated Press.
McCain is still eligible to accept federal matching funds for his general election campaign.
CNN Political Ticker: All politics, all the time Blog Archive - McCain turns down FEC matching funds « - Blogs from CNN.com
We all know that bad news sells.....since this isn't front line, I'll consider the news source in your link as enough. Ya gotta take the money to close the deal ya know.
Have a good one!:s4:Psycho4Bud Reviewed by Psycho4Bud on . McCainâ??s Lingering FEC Problem McCain also used the fact he was receiving public funding to get on many state ballots without collecting signatures. Even if he gets out of the public funding he faces all new legal problems as to the legitimacy of his name being on those state ballots. :thumbsup: McCainâ??s Lingering FEC Problem McCain won a clean sweep of the four March 4th Republican states, but in order to arrive at the RNC convention with a fighting chance against the eventual Democratic nominee John McCain needs Rating: 5
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