McCain Prepares to Take Public Financing

"In another sign that John McCain is moving toward accepting public financing this fall, the Republican's campaign is returning about $3 million in checks to contributors who have given money for his general election campaign, funds he could not use if he opts into the public system," the Boston Globe reports.

"The move is largely procedural, and McCain's campaign said yesterday that it has not yet decided whether to accept public funding or to raise money on its own for the November presidential election. But the decision to return checks - which was made as the Democratic candidates announced raising $60 million combined in March, nearly as much as McCain had raised for the entire campaign through February - indicates that McCain is laying the groundwork for doing so."


April 4, 2008


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