McCain's FEC Problem
We noted this yesterday. But The Washington Post does a good job today in sizing up the situation and its possible mammoth consequences for McCain's campaign. There are really two completely separate issues here. First, McCain opted in to the public finance system for the primaries last year. It meant that his struggling campaign would get $5.8 million in public matching funds in March. Now that he's effectively the Republican nominee, he wants out, because the system entails a spending limit of $54 million through the end of August. He's almost spent that much already, according to the Post.
(close)Related info:
- Dates appearing:
- 02/23/2008
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Generated Sat, 23 Feb 2008 21:07:39 EST