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Thursday, December 20, 2007

Bleeding Heartland: Edwards' Money Situation

Excerpted from this post at Bleeding Heartland

As I said back when it came out, if Edwards is really limited to the
rules of the public finance system, he is finished. Having only $50
million through mid-August to go up against a Republican candidate
sure to have well over $200 million is a debilitating disadvantage for
the Democrats, and one that can be entirely avoided by supporting one
of the other candidates. However, there have been developments with
the story - not all specifically linked to Edwards. The first is that
it turns out there won't be money to pay for the public financing in
January. Instead, candidates will begin to get payments as tax
receipts come in, and will probably receive their first disbursements
in March, when the nomination will almost certainly have been settled.

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Mike Schramm
Andy Szal

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