McCain Inches Closer to Public Financing -- Political Wire

McCain Inches Closer to Public Financing

Sen. John McCain "has taken a step towards accepting public financing in the general election -- a move that would provide an $84 million infusion for his presidential campaign, but also limit its spending and potentially put him at a steep disadvantage to a better-funded Democratic opponent," according to The Politico.

This month, "he filed papers with the Federal Election Commission creating a separate campaign account that would enable him to make the public money go further."

March 21, 2008 | Related News

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Taegan D. Goddard is the creator of Political Wire, a political column updated around the clock with the most interesting news, buzz and commentary.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

This is a personal site and does not necessarily reflect the views of any company, political campaign or advocacy group.

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