Sentences with phrase «presidential public financing system»

Mason notified McCain that the commission had not granted his Feb. 6 request to withdraw from the presidential public financing system.

Campaign finance watchdog groups said Sunday that Mr. Obama's September haul bolstered their arguments for the need to revamp the presidential public financing system to restore its relevancy.

«Throughout the history of the presidential public finance system, the program has operated admirably to the point of fairly equalizing campaign expenditures between the major party candidates, and providing primary candidates with the resources to be able to run campaigns,» said Holman «It made elections very competitive, quite open and fairly scandal - free.»

Not exact matches

Thursday's filings lay bare those donations and other jaw - dropping financial details of the first modern presidential campaign in which donors could give unlimited contributions for political ads and in which both major party candidates declined to participate in a Watergate - era public financing system designed to limit fundraising.

And the responses suggest a growing divide between the nation and its highest court on constitutional questions that have moved to the heart of the American system, as the advent of super PACs and the abandonment of public financing by both parties in presidential elections have enabled wealthy donors, corporations and unions to play a greater role in political fund - raising.

In fact, whatever else he may achieve in his pursuit of the presidency, the former Louisiana congressman and governor may be remembered as the last presidential candidate to ever receive federal matching funds; the very fact that he is the only candidate seeking and collecting those funds this year prima facie evidence that the public financing system for presidential elections is already functionally dead.

«In the current political campaign environment, the presidential campaign finance system doesn't work at all and can not work,» said Craig Holman, who lobbies Capitol Hill on ethics and campaign finance issues for the nonprofit consumer advocacy group Public Citizen.

The nation's system of public financing presidential elections is «creaky» Obama said today, offering another possible argument for bypassing, waffling, going back on his promise.

Meanwhile, the system of public financing for presidential candidates that came into being after the Watergate scandal and that once was universally accepted and respected by those seeking the presidency has been systematically shredded over the course of the last four presidential campaigns.