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Following The Money Trail

With the race heating up Senator Obama launched his newest attacks on Senator McCain, claiming the Arizona Senator is "fueled" by lobbyists and PACs. But what are the facts?


With public financing he would be limited to a spending cap of $84 million and they have already raised over three times that through April, the time of the last filing deadline to the tune of over $264 million dollars. All things considered, to spend $84 million tops would constrain his campaign in ways he doesn't want to now realizing the full potential of his fundraising abilities. '
By Citizen Correspondent Wyatt McIntyre
Date Posted: 06/22/08
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Well, we've all heard the claim from the Campaign of the Presumptive Democratic Nominee Barack Obama that the campaign of his principle rival, Republican contender and Arizona Senator John McCain, has been "fueled" by lobbyists and Political Action Committee's, part of what the Junior Senator out of Illinois has claimed is the problem with politics today. It would seem that now he is being challenged on that claim, though not from the McCain campaign.

Rather, the challenge is coming from FactCheck.org, the independent consumer advocate site run by the Annenberg Political Fact Check, a project of the Annenberg Public Policy Center of the University of Pennsylvania. There contention, that Obama's claims against Senator McCain and the Republican Party are nothing more than "a large exaggeration and a lame excuse" to divert attention from his apparent position change on the issue of public funding that he announced earlier this week and that money from lobbyists and P.A.C.'s constitute less than 1.7 per cent of McCain's intake and less than 1.1 per cent of the money raised by the RNC.

It's not the first time that Senator Obama has found himself the target of the Annenberg Political Fact Check. In March of last year, after the release of a new campaign ad by the Senator's campaign entitled "Nothing Changes", a commercial aimed at big oil and that made the bold claim that his campaign did not take money from oil companies, casting the dispersion that his opponents did, FactCheck.org looked into the validity of his claims. In their article Obama's Oil Spill they pointed out that no candidate could take money from oil companies, not since President Theodore signed into law South Carolina Senator Ben Tillman's campaign finance reform bill that banned direct corporate donations in 1907.


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