For the first time in public campaign finance history, a candidate has opted out for the general election.
I'm a little surprised because the general election is only two months long and Federal Funding is $80M plus.
Needless to say, McCain will flip shit. Obama has outraised McCain 3 to 1 and it's expected that margin will go up dramatically when June is reported.
But McCain doesn't have clean hands on this issue. He opted for public financing in the primaries when he was broke and driving around in a van, and used the public financing to guarantee loans, only changing his mind after his fundraising improved and he could have more money to spend by opting out. In otherwords, exactly what Obama is doing.
(Posted from the Hilton Garden Inn, Staten Island)