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The Arizona senator has withdrawn his co-sponsorship of a public financing bill that he and Sen.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that McCain has been doing all sorts of unseemly things in an attempt to lock up the nomination.The Arizona senator has withdrawn his co-sponsorship of a public financing bill that he and Sen.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.
Your support matters…N.Y. Sun:
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.
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
TD Original
The multibillion-dollar Effective Altruism movement makes rich people feel good about being rich — to hell with the bad publicity.
Lessons learned from the 2008 financial crisis show that taxpayer-funded blank checks to institutions do nothing to help those struggling
The economic pain caused by the coronavirus becomes more painfully clear.
With 17 times as many new infections outside China as in it, Italy and Iran close schools; travel and events are canceled; and markets yo-yo.
As the epidemic spirals into a pandemic, causing a plunge in the stock market, Donald Trump and Larry Kudlow insist "USA in great shape!"
CDC's call for Americans to be prepared for spread of "severe illness" added new urgency to response efforts that had focused on overseas.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.