public funding
Posted at 6:20pm on Apr. 26, 2008 Financing the General Election
How Big a Financial Disadvantage Will McCain Face?
By Brad Smith
Many Republicans have been worried that John McCain's decision to finance his general campaign by taking the federal subsidy, and thus subjecting himself to a mandatory spending cap, will leave McCain badly outspent in the fall, especially if Barack Obama is the Democratic nominee. Of course, we need to recognize that McCain probably didn't have a choice - it's not at all clear that he could raise more money in voluntary, private contributions than government is willing to give him. That said, how bad will he be outspent...
More after the jump.
