So not only is John McCain blatantly violating his public financing pledge, but he's doing it in grand style, raising money in increments of up to $70,000 per donor -- more than thirty times the amount a donor can give to Barack Obama's general election campaign.
The issue isn't that John McCain will withdraw from the public finance system -- he won't -- but rather that he's devised a way to spend tens if not hundreds of millions in privates funds even as he takes $85 million in taxpayer funds. (Talk about a bridge to nowhere.)
McCain, whose campaign is predicting a campaign budget of $400 million through the November 4, is skillfully exploiting loopholes in a campaign finance law that he wrote.
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