August 21st, 2008
02:45 PM ET
14 years ago

FEC lets McCain off the matching funds hook

[cnn-photo-caption image= caption="Sen. McCain campaigned in New Mexico Wednesday."]
(CNN) – In a unanimous decision Thursday, the Federal Election Commission granted a request from John McCain’s campaign to withdraw from a program that provides presidential candidates with matching funds during the primary season.

The Democratic National Committee filed a complaint with the FEC earlier this year after the McCain campaign announced that it was withdrawing from the primary season matching funds program, in a bid to avoid spending restrictions that would have resulted if they participated. Democrats argued that the McCain camp could not legally opt out after obtaining a $4 million line of credit using the prospect of the public matching funds as collateral, and could not unilaterally withdraw without approval from the FEC, which did not have a voting quorum for much of the year. The party also called for an FEC investigation of McCain’s campaign finances.

The McCain campaign had said that the possibility of receiving public matching funds was not in reality the collateral for the line of credit that kept the Arizona senator’s campaign afloat.

The DNC has not yet said whether they will continue to press for a federal investigation.

Filed under: FEC • John McCain
soundoff (114 Responses)
  1. proud army and navy mom

    well the criminals covers for the criminal yet again.

    August 21, 2008 04:31 pm at 4:31 pm |
  2. Brian

    McCain owns 7 houses….. he wants the people of this nation to give him Number 8 at tax payer cost!

    McCain also is going to use Tax Payer money to convince Tax Payers to put him in his 8th house which is paid for by Tax Payers!

    Just say NO to giving McCain an 8th home!

    August 21, 2008 04:33 pm at 4:33 pm |
  3. TheTruthHurts

    The FEC wants NO part of this. They want to get out of the way. Probably a good idea. Both sides will have plenty of money to get the message out. If they need more money to get the people with their heads in the sand, we're doomed as a country anyway.

    August 21, 2008 04:33 pm at 4:33 pm |
  4. Sherry, Atlanta



    August 21, 2008 04:35 pm at 4:35 pm |
  5. KenB, MI

    anyone surprised?

    August 21, 2008 04:36 pm at 4:36 pm |
  6. Andy

    hehe... Showtime.

    August 21, 2008 04:36 pm at 4:36 pm |
  7. Sacto Joe

    You can't believe ANYTHING McCain says!

    August 21, 2008 04:38 pm at 4:38 pm |
  8. Chris from NY

    It doesn't matter what he does. He can even borrow or get a loan. Who cares. He's going down hard.

    August 21, 2008 04:39 pm at 4:39 pm |
  9. Former Republicans for Obama

    Sounds like the straight talk express lied on his credit application!!!! Just like he made up the cross story. Well. I take that back. He didn't make it up, hi stole it from a book he read.

    August 21, 2008 04:40 pm at 4:40 pm |
  10. S. Boatman

    Another Flip After The Flop, . . . With Some Pandering And Lies. . . Just More Of The Same From The Crooked Talk Express!

    August 21, 2008 04:42 pm at 4:42 pm |
  11. Barbara - NC

    I think anything McCain does should be investigated. He's from a long line of crooked politicians in AZ that helped "strong-arm" him into politics (along with Botox Barbie's money from her mafia-related papa). Check it out – google Cindy Hensley family

    August 21, 2008 04:44 pm at 4:44 pm |
  12. Peter of Oregon

    Lol... after McCain's tyrade about Obama not receiving government money he's doing this... what a hypocrite, and I'm not surprised. I'm anxious to see the real McCain Revealed... as we progress toward November.

    August 21, 2008 04:44 pm at 4:44 pm |
  13. Barbara - NC

    Maybe the National Enquirer will research some of this stuff – CNN can't afford investigative reports.

    August 21, 2008 04:45 pm at 4:45 pm |
  14. Abby

    While he technically got away with it, this was not in the spirit of honesty and maverick’ity . lol same OLD dishonest politics.

    August 21, 2008 04:47 pm at 4:47 pm |
  15. jj

    as usual, Obama and his team look for any underhanded way they can to get elected. Just like he did to get elected to the Senate which he hasn't done since he was elected. When you find a loophole to screw other party members to get ahead, them you'll trash anyone anyway to do it. DO NOT TRUST HIM>

    August 21, 2008 04:48 pm at 4:48 pm |
  16. Ex-Republican for Obama

    I thought Johnny gave Obama some ridicule for opting out of the funding? What's with the change of heart Johnny? You sure are a man of principals Johnny, NOT!

    Just ask your ex-wife and abandoned kids about your moral convictions, I think they will have a better picture of who you really are then anyone.

    August 21, 2008 04:49 pm at 4:49 pm |
  17. Griff

    DNC? Now what does that stand for? Democratic National Cheat's.
    Florida???? Michigan????

    August 21, 2008 04:49 pm at 4:49 pm |

    When you make the rules (McCain), you will be the first to break them.

    August 21, 2008 04:50 pm at 4:50 pm |
  19. hillybilly

    yes.this should be investigated by the feds.we need to know if mccain's keeping his

    August 21, 2008 04:50 pm at 4:50 pm |
  20. linda from South Dakota

    i think an investigation on mccain should happen all the way around,,,,, a good way to check and see if all he does and says is legal,,,, since he was still married when he bought a marriage leisence to marry cindy before he was legally divorced from carol,, umm once a liar ,, always a liar,,,, not to say he has a quick temper,, ummmm we dont really need someone like this in politics,,, his smile is sooo fake too,, is there anything real about this person??? ummmm

    August 21, 2008 04:51 pm at 4:51 pm |
  21. Allen in Hartwell GA

    First of all, this smacks of illegality, but since this is politics maybe that doesn't matter. Secondly and most important, where are the news hounds? When Obama opted out of public funds you'd the GOP made so much fuss you'd have thought Obama had broken all the commandments, instead of just the first ten.

    August 21, 2008 04:51 pm at 4:51 pm |
  22. DB

    I guess he used one of his 7 houses as collateral.

    August 21, 2008 04:52 pm at 4:52 pm |
  23. IAMWMD

    Another law told.....Another law broken by the Repugs...

    August 21, 2008 04:53 pm at 4:53 pm |



    OBAMA '08

    August 21, 2008 04:53 pm at 4:53 pm |
  25. Veterans for Obama and Ex-Republicans for Obama!


    August 21, 2008 04:54 pm at 4:54 pm |
1 2 3 4 5