| Argument: |  John McCain is violating campaign finance laws |
| Node type: | Thesis |
| Node Text: | John McCain is violating campaign finance laws Republican Presidential nominee John McCain applied for public financing for his Presidential campaign. The FEC determined that he was entitled to at least $5.8 million. In March 2008, the McCain campaign was notified in writing by FEC Chairman David Mason of the possibility that he has violated campaign finance laws. A February 22 Washington Post article discussing Mason's letter noted that "[k]nowingly violating the spending limit is a criminal offense that could put McCain at risk of stiff fines and up to five years in prison." Indeed, the Presidential Primary Matching Payment Account Act provides in 26 U.S.C. § 9035 that "[n]o candidate shall knowingly incur qualified campaign expenses in excess of the expenditure limitation applicable under section 320(b)(1)(A) of the Federal Election Campaign Act of 1971." And 26 U.S.C. § 9042 states: "Any person who violates the provisions of section 9035 shall be fined not more than $25,000, or imprisoned not more than 5 years, or both. Any officer or member of any political committee who knowingly consents to any expenditure in violation of the provisions of section 9035 shall be fined not more than $25,000, or imprisoned not more than 5 years, or both." http://mediamatters.org/... |
| Node Created: | Ulysses Berman — 2008-05-21 12:15:05 |
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