International Edition
Search Home Page -
CNN Exchange
Friday, March 02, 2007
No public funding pledge for Edwards
WASHINGTON (CNN) -- Democratic presidential candidate John Edwards expressed his support Thursday for public financing of presidential campaigns through an aide, but was unwilling to pledge to accept public funding if he becomes the nominee and his general election opponent agrees to do the same, as both Democrat Barack Obama and Republican John McCain have agreed to do.

Though not ruling out the option entirely, Edwards deputy campaign manager Jonathan Prince says the publicly funded grant available to party nominees in the general election, roughly $84 million in 2008, will not be enough for campaigns to respond to attacks from independent groups. Edwards and Sen. Hillary Clinton have both said they would fund their White House bids solely from private funds and decline up to $105 million in public money.

The Federal Election Commission ruled Thursday that presidential candidates may tentatively raise private general election funds, while preserving the option of accepting public funds at a later date.

The full statement from Edwards Deputy Campaign Manager Jonathan Prince:

"John Edwards strongly believes we need public financing for elections in America. But the Swift Boats taught us that the Republicans will stop at nothing to hold on to power, and the grant money simply hasn't kept pace with media prices, handicapping a campaign's ability to respond to the attacks of underground groups. We'll make a decision at the time about the best way to ensure we have the maximum possible resources to win. The only way we're ever going to have real public financing is to put a Democrat in the White House."

-- CNN Political Research Director Robert Yoon
CNN Comment Policy: CNN encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNN makes reasonable efforts to review all comments prior to posting and CNN may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNN the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNN Privacy Statement.
© 2007 Cable News Network.
A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you.
Read our privacy guidelines. Contact us. Site Map.
Offsite Icon External sites open in new window; not endorsed by
Pipeline Icon Pay service with live and archived video. Learn more
Radio News Icon Download audio news  |  RSS Feed Add RSS headlines