Saturday, February 23, 2008

Can John McCain Handle The Presidency?

This article in The Washington Post FEC Warns McCain on Campaign Spending by Matthew Mosk and Glenn Kessler brings a question to mind. If John McCain can’t handle the complexities of campaign financing, can he handle the complexities of being President?

The nation's top federal election official told Sen. John McCain yesterday that he cannot immediately withdraw from the presidential public financing system as he had requested, a decision that threatens to dramatically restrict his spending until the general election campaign begins in the fall.

The prospect of being financially hamstrung by the very fundraising system he helped create is the latest in a series of bitter challenges for the presumed GOP nominee, who still faces a fractured conservative coalition as he assumes the mantle of party leadership.
But wait, there’s more:
If the FEC refuses McCain's request to leave the system, his campaign could be bound by a potentially debilitating spending limit until he formally accepts his party's nomination. His campaign has already spent $49 million, federal reports show. Knowingly violating the spending limit is a criminal offense that could put McCain at risk of stiff fines and up to five years in prison.

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