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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (16093)11/14/2003 4:20:23 PM
From: Hope Praytochange   of 793757
 
Kerry, who described himself as a fighter "for campaign finance reform to limit the influence of big corporations and moneyed interests in our government," blamed Dean for his decision to abandon a program viewed by its supporters as a key post-Watergate reform designed to limit spending and encourage small donors.

"I wish Howard Dean had kept his promise to stay within the campaign finance system. But he did not. He changed the rules of this race – and anyone with a real shot at the nomination must now play by those rules.

For Kerry, the decision to reject public money is more difficult than for either Bush or Dean. Kerry's fundraising has slowed considerably, after getting off to a relatively fast start. Instead of being able to depend on a growing base of donors, Kerry will have to use his own money -- and money that he and his wealthy wife, Teresa Heinz, share -- for his own campaign.

In the last quarter, he spent substantially more than he raised, indicating he is likely to need a substantial influsion of cash to survive what are now becoming intense battles in the January Iowa caucuses and New Hampshire primary.

washingtonpost.com
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