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Argument: Argument thesis  John McCain is violating campaign finance laws
Node type: Node supports parent assertion  This node supports its parent
Parent node: The thesis is the parent  The thesis is the parent
Node Text: McCain declared eligible by FEC in August 2008

WASHINGTON – John McCain today became the first 2008 presidential candidate to be declared eligible by the Federal Election Commission (FEC/Commission) to receive federal matching funds. McCain is seeking the Republican nomination for president in 2008.

To become eligible for matching funds, candidates must raise a threshold amount of $100,000 by collecting $5,000 in 20 different states in amounts no greater than $250 from any individual. Other requirements to be declared eligible include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records and permitting an extensive campaign audit.

http://www.fec.gov/...
Node Created: Ulysses Berman — 2008-05-21 12:15:05

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