Public Financing and Soft Money
July 8th, 2008 Posted in Of Interest
And even though McCain has agreed to an $84.1 spending limit by accepting public funds–a decision he likes to portray as a principled stand against the corrupting influence of money on politics–at least double that sum will be dropped on his behalf before Election Day thanks to loopholes in the law that allow outside groups to effectively skirt such limits with largely unregulated “soft money” contributions.
Source: Stumper : How McCain Is Skirting His Own Spending Caps
