[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2008/POLITICS/06/19/obama.public.financing/art.obama.wi.gi.jpg caption="Sen. Barack Obama repeatedly broke campaign fundraising records during the Democratic primary season."]
CNN Political Research Director
- Obama will become the first major party presidential nominee to refuse general election public financing in the history of the program
- In February 2007, Obama asked the Federal Election Commission whether federal rules allowed presidential candidates to begin raising money for the general election and then later return that money should the candidate decide later to participate in the general election public financing program.... Obama’s actions were seen at the time as a desire on his part to preserve the public financing option, while still enabling him to protectively raise general election money.
- Obama spokesman Bill Burton made this statement on whether it would accept public financing: “Senator Obama is pleased the FEC took this important step in preserving the public financing system, which is why he sought the opinion. If Senator Obama is the nominee, he will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election.” (3/1/2007)
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