Campaign Finance Effort Resumes, Without McCain
The Arizona senator has withdrawn his co-sponsorship of a public financing bill that he and Sen. Russ Feingold (along with two House reps) had long championed. People close to the situation say McCain dropped his support because he is likely to run for president and may end up not abiding by public financing rules.
We’ve known for some time that McCain has been doing all sorts of unseemly things in an attempt to lock up the nomination.
Wait, before you go…
The quartet of lawmakers behind every major federal campaign finance restriction in the past decade is suddenly missing one of its members.
The elided surnames of the four men, “McCain-Feingold-Shays-Meehan,” have become synonymous with so-called campaign finance reform, but Senator McCain, a Republican of Arizona, is conspicuously absent from the latest effort.
On Wednesday, Senator Feingold, a Democrat of Wisconsin, Rep. Martin Meehan, a Democrat of Massachusetts, and Rep. Christopher Shays, a Republican of Connecticut, introduced a bill to revive the crumbling system for public financing of presidential campaigns.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.Support Truthdig