Barack Obama became the first candidate from a major party to reject public funds for the general election, abandoning his pledge to compete within a system designed to reduce the influence of money in politics.
The decision allows him to continue his record-breaking fundraising but opened him to attacks from Republican rival John McCain and risks damaging the image he has cultivated as a fresh candidate who would change the money-tainted ways of Washington.
The public funding system devised after the Watergate scandal is designed to reduce the influence of money in politics. It levels the playing field, as each candidate receives the same amount. Accepting …
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