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Campaign spending proposal hems in Obama; He's the one with the money — and a vow to accept a general election limit
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Race
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| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Feb 28, 2008 10:35am |
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| Category | General |
| News Date | Thursday, February 28, 2008 04:00:00 PM UTC0:0 |
| Description | Just 12 months ago, Senator Barack Obama presented himself as an idealistic upstart taking on the Democratic fund-raising juggernaut behind Senator Hillary Rodham Clinton.
That was when Mr. Obama proposed a novel challenge aimed at limiting the corrupting influence of money on the race: If he won the nomination, he would limit himself to spending only the $85 million available in public financing between the convention and Election Day as long as his Republican opponent did the same.
Now his challenge to his rivals has boomeranged into a test of Mr. Obama’s own ability to balance principle and politics in a very different context. After taking in $100 million in donations, Mr. Obama is the one setting fund-raising records, presenting a powerful temptation to find a way out of his own proposal so that he might outspend his Republican opponent. And the all-but-certain Republican nominee, Senator John McCain, is short on cash and eager to take up the fund-raising truce. |
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