July 07, 2004


Kerry Urged To Spurn Public Funds

"Some Democratic strategists and fundraisers say Sen. John Kerry should seriously consider opting out of public funding in his bid to defeat President Bush this fall," The Hill reports.

"They maintain that Kerry’s record fundraising efforts in the Democratic presidential primary show that the senator can reap more money through private contributions than through what the government would provide the campaign."

"Until now, it has been assumed that both Kerry and Bush would take the $75 million in public funds after they accept their respective nominations. But this places Kerry, who will be nominated five weeks prior to President Bush, at a significant disadvantage. He has to stretch his money for 14 weeks, an average of about $5 million per week, compared to Bush, who has nine weeks, an average of more than $8 million, to spend his public money."


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