Sharpton may lose federal campaign funds

http://www.guardian.co.uk/worldlatest/story/0,1280,-3917941,00.html

Al Sharpton's cash-strapped presidential campaign may soon lose the government money it started getting earlier this month.

The Federal Election Commission voted Tuesday to suspend public financing for the New York Democrat's campaign. The FEC found that Sharpton exceeded the program's $50,000 limit on contributions by candidates to their own campaigns.

Sharpton has 20 days to respond before the commission suspends his monthly matching funds. The taxpayer-financed program offers a monthly government match of up to $250 for each private donation, up to total grants of about $18.6 million.

Most candidates accepting public financing received their first grants in January after showing they had met the program's requirements, which include raising $5,000 in each of 20 states in donations of $250 or less from individuals.
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Tossing around that accusation with the frequency that happens here chips away at the credibility of situations that truly deserve the moniker.