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 <title>Citizens for Responsibility and Ethics in Washington - Public Finance</title>
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 <title>CREW offers support for Senator Obama&#039;s decision to co-sponsor the Presidential Funding Act of 2007</title>
 <link>http://www.citizensforethics.org/node/27214</link>
 <description>&lt;p&gt;Senator Barack Obama (D-IL) made a great move this week on the issue of public financing of presidential campaigns.  Here&amp;#39;s &lt;a href=&quot;http://www.citizensforethics.org/press/newsrelease.php?view=201&quot;&gt;the statement&lt;/a&gt; from Melanie Sloan: &lt;/p&gt;
&lt;blockquote&gt;&lt;p&gt;Citizens for Responsibility and Ethics in Washington (CREW) applauds presidential candidate Senator Barack Obama (D-IL) for co-sponsoring the legislation introduced by Senator Russell Feingold (D-WI) to fix the public financing system for presidential campaigns beginning in 2012. CREW hopes the other presidential aspirants in both political parties will support –- and if Senators sign onto -- this important bill. As the situation is now, any candidate who chooses to participate in the publicly financed system is at a serious competitive disadvantage. As a result, all presidential candidates are likely to opt out of the system, making it effectively useless. S. 436 and its House companion, H.R. 776, would reinvigorate public financing for future presidential campaigns, helping to make presidential candidates answerable to no one but voters.&lt;/p&gt;&lt;/blockquote&gt;
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 <comments>http://www.citizensforethics.org/node/27214#comment</comments>
 <category domain="http://www.citizensforethics.org/taxonomy/term/866">Presidential campaign</category>
 <category domain="http://www.citizensforethics.org/taxonomy/term/865">Public Finance</category>
 <pubDate>Thu, 15 Feb 2007 14:14:07 -0600</pubDate>
 <dc:creator>crew</dc:creator>
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