Originally published September 28, 2007 at 12:00 AM | Page modified September 28, 2007 at 2:03 AM
PrintEdwards signs on for public financing
Democratic presidential hopeful John Edwards reversed course Thursday by signing onto the public-financing system he once rejected, thinking...
WASHINGTON — Democratic presidential hopeful John Edwards reversed course Thursday by signing onto the public-financing system he once rejected, thinking he could raise more money on his own.
His decision comes after he brought in far fewer dollars than rivals Barack Obama and Hillary Rodham Clinton.
Money for the public-financing fund comes from taxpayers who agree to set aside $3 from their income taxes. Candidates who take from the fund must comply with spending limits.
In the first six months, Obama raised $58.5 million and Clinton collected $52 million. Edwards raised $23 million.
Copyright © 2007 The Seattle Times Company
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