April 21, 2008
First, he is the champion of such schemes, having long been involved in imposing such political speech limitation schemes upon candidates for office and their supporters.
Second, he is behind in the race for money and this option will give him a big financial boost in the final two months of the campaign.
John McCain is abandoning any hope of catching the Democrats in fundraising.Based on new financial disclosure reports released Sunday, and interviews with his finance team, the Republican PartyÂ’s presumptive nominee will instead accept taxpayer money to finance his general election and share other costs with the Republican National Committee.
The strategy will allow McCain to stretch his campaign dollars by splitting the cost of television advertising and other campaign activity with the RNC.
But the decision also puts the Arizona senator at risk of being badly outspent – even with RNC help – by a Democratic nominee who will be allowed to spend as much as he or she can raise on the November race.
But there is also another advantage to doing this. Barack Obama stated early in the campaign that he would take public financing and accept the related spending limits in the event his Republican opponent did so. The Illinois Senator must now decide whether or not he will abide by that vow, or whether he will break his word tot he American people -- opening himself up to all sorts of questions regarding his integrity and trustworthiness.
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