28 Sep
On Edwards’ Decision
"John Edwards' to accept public matching funds to finance his campaign is a political blow but it's probably also the only lifeline he has to stay in the race," reports.
"Come Sunday at midnight, the close of the third-quarter fundraising period, Edwards' campaign is expected to post up a total between $5 million and $7 million... And it's a sum that won't even come close to those of Obama and Clinton, even though they've also seen slowdowns in giving. Obama is expected to report around $20 million in third-quarter donations and the Clinton camp is aiming for around $18 million."
: "But entering federal financing system has two major drawbacks. There's an overall spending limit for the primaries, so a campaign that blows through its money would be bankrupt until after its convention, allowing the opposing party's candidate to air television ads without rebuttal... And the candidates are severely constrained in what they can spend in the states. There are fairly strict caps in Iowa, New Hampshire and South Carolina."
: "If this was such a good idea -- politically and financially -- everyone would be doing it."
has the campaign's talking points.
"Come Sunday at midnight, the close of the third-quarter fundraising period, Edwards' campaign is expected to post up a total between $5 million and $7 million... And it's a sum that won't even come close to those of Obama and Clinton, even though they've also seen slowdowns in giving. Obama is expected to report around $20 million in third-quarter donations and the Clinton camp is aiming for around $18 million."
: "But entering federal financing system has two major drawbacks. There's an overall spending limit for the primaries, so a campaign that blows through its money would be bankrupt until after its convention, allowing the opposing party's candidate to air television ads without rebuttal... And the candidates are severely constrained in what they can spend in the states. There are fairly strict caps in Iowa, New Hampshire and South Carolina."
: "If this was such a good idea -- politically and financially -- everyone would be doing it."
has the campaign's talking points.
Posted
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Friday, September 28th, 2007 at 3:03 pm under
