Sunday, December 30, 2007

Being Wealthy Means Buying Yourself Your Party's Nomination

The Trib:
Two multimillionaires in the presidential race — two ways to spend their money. Republican Mitt Romney has pumped more than $17 million of his own into his race; Democrat John Edwards, by law, can tap his fortune for no more than $50,000.

What a difference public financing makes.

Romney has chosen to bypass the taxpayer-financed presidential campaign fund, a move that lets him use his wealth without limitation. If he has put more of his money in during the past three months, his campaign isn't saying. The public won't find out until Jan. 31, when Romney must submit campaign finance reports to the Federal Election Commission.
[more]

No comments: