Thursday, August 24, 2006

The 2008 Presidential race is already heating up; in about a year from now, we will know a lot better who the leaders will be in each of the major parties. For about three decades, the presidential candidates have had the pleasure of public financing of their campaigns, to help them focus on the task of meeting with potential voters. Time and inflation has eroded the finance system's effectiveness, however; if Congress and the President doesn't pass into law soon an update for it, candidates may be forced to forego public financing for big money contributions. Congress needs to keep presidential campaigns clean, and vote in a new presidential public finance bill.

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