Battle For White House To Be Privately Funded

Who didn't see this coming? Romney couldn't have possibly have accepted federal funding given Obama's fundraising goals. From Jonathan D. Salant at Bloomberg:

With Mitt Romney raising private funds for the fall campaign, this year’s presidential election will be the first since the Watergate scandal in which neither major party’s nominee accepts federal funding.

“Our campaign is raising private funds for the general election,” said Ryan Williams, a campaign spokesman.

This will permit Romney to raise much more than the $91.2 million he would collect under the federal election funding program initiated after the Watergate scandal. President Barack Obama also is raising re-election funding privately.

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published this page in In The News 2012-04-27 12:00:00 -0400
Analysis & Political Strategy