And Then There Were Two
Submitted by Katie Schlieper on Mon, 03/05/2007 - 16:39
Following a court decision that presidential candidates may raise private money for the general election while leaving the option open to return it and accept public financing -- suggested by '08 hopeful Barack Obama -- John McCain has said if his Democratic opponent accepts public financing in the general election, he will do the same. With both McCain and Obama pledging to go the public financing route if their opponent does, will other '08 contenders follow suit? Not just yet. But it's a positive sign of a willingness to revive the presidential public financing system amidst a barrage of stories on the "death" of public financing, and the anticipated $1 billion pricetag on the presidential race.