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The Future of Public Campaign Finance Following Barack Obama's Decision to Opt Out of System

The Future of Public Campaign Finance Following Barack Obama's Decision to Opt Out of System

By turning down $84 million in federal money, Barack Obama will be allowed to raise and spend an unlimited amount during the election. Obama is the first major party candidate to reject public funds since the system started in 1976. The decision marks a reversal for Obama. Last year, he had pledged to accept public financing if his opponent did as well. [includes rush transcript]

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