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Support The DrudgeReport; Visit Our Advertisers   XXXXX DRUDGE REPORT XXXXX FRI JAN 23, 2004 07:09:32 ET XXXXX JOHN EDWARDS UNLEASHED: BREAKS SPENDING RULES IN NEW HAMPSHIRE In applying for federal matching funds to help finance his campaign, Dem presidential hopeful John Edwards pledged to adhere to "spending caps" in a letter to the FEC. "As a candidate seeking to become eligible to receive Presidential primary matching funds, I agree to the following provisions [including]... I and/or my authorized committee(s) certify that we have not incurred and will not incur qualified campaign expenditures in connection with my campaign for nomination in excess of the expenditure limitations prescribed by [the FEC]." http://www.fec.gov/finance/2004matching/edwards_docs_001.pdf But through January 20, 2004, the DRUDGE REPORT has learned, Edwards has spent $950,915 in New Hampshire -- already busting the state's "spending cap by over $220,000! [The state "spending cap" for New Hampshire is $729,600.] MORE Senator Edwards has also spent $682,517 on ads in Boston, bringing his total ad spending aimed at New Hampshire audiences to $1,633,432 more than double the New Hampshire state spending limit. In November, Edwards, while on the stump in New Hampshire, said he was "disappointed" that former Vermont Governor Howard Dean had decided to forgo matching-funds and public financing. "I just think that sends the wrong signal to voters." Before he broke the spending limits in New Hampshire, Edwards explained: "I'm a strong believer in the campaign-finance system. I think it brings integrity to the process." Developing... ----------------------------------------------------------- Filed By Matt Drudge Reports are moved when circumstances warrant http://www.drudgereportArchives.com for updates (c)DRUDGE REPORT 2004 Not for reproduction without permission of the author |
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