After all, you worked for it:
John McCain has a campaign finance problem. When his campaign was down and out, he agreed to take public funding for the primaries. Public funding comes with spending limits overall and by state. Also, a candidate who accepts funding cannot raise money from private sources. Now that it is possible he will be the nominee, McCain will want to be free of those fundraising and spending limits, but he cannot withdraw from the public system.
At least, not without a pass from the Federal Election Commission, but that isn’t happening:
The FEC does not now have a quorum to meet and regulate. (The lack of a quorum was caused by Barack Obama’s hold on a nominee to the FEC, but never mind).
He could always refuse public funding for the post-convention campaign:
[H]owever, he pledged to accept public funding for the general election if his opponent did so. Obama has taken a similar pledge. Also, McCain would get around some of this by using “outside groups” (527 groups and others) to fund his effort, but he has been a fierce critic of such groups and tactics.
Of course. They wouldn’t play his way.
Maybe he can borrow a few bucks from his old pal Russ Feingold.
(Via Coyote Blog.)