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Biden Goes for Matching Funds

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-04-07 08:48 PM
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Biden Goes for Matching Funds
http://www.cqpolitics.com/wmspage.cfm?parm1=5&docID=news-000002635846

Biden Goes for Matching Funds
By Alex Knott, CQ Staff

The Federal Election Commission (FEC) announced Tuesday that Joseph R. Biden Jr. is eligible for federal primary matching funds. The announcement opens the door for Biden’s campaign to receive up to $21 million in public funding, but requires his campaign to abide by spending limits in each state and an overall spending cap of approximately $50 million.

With $8.2 million in receipts through the end of September, Biden is 11th overall in fundraising among the major presidential candidates. By comparison, Hillary Rodham Clinton had $91 million and Barack Obama had $80.2 million in receipts for the same time period. Biden is the fifth presidential candidate to be approved for public financing, following fellow Democrats Christopher J. Dodd and John Edwards and Republicans John McCain and Tom Tancredo .
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jillan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-04-07 08:50 PM
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1. He's eligible but he hasn't signed up for it.
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1corona4u Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-04-07 09:28 PM
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2. Still, it's disgusting how much money it takes....
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K Gardner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-04-07 09:30 PM
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3. Why doesn't he want to sign up for it? I, too, think its disgusting
the amount of money it takes and what money buys. Still, I want JB to have more of it.. my bad.
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