Post by dgriffin on Jun 20, 2008 18:16:21 GMT -5
Obama's Lame Claim About McCain's Money
June 20, 2008
FactCheck.Org
Obama says McCain is "fueled" by money from lobbyists and PACs, but those sources account for less than 1.7 percent of McCain's money.
Summary
Obama announced he would become the first presidential candidate since 1972 to rely totally on private donations for his general election campaign, opting out of the system of public financing and spending limits that was put in place after the Watergate scandal.
One reason, he said, is that "John McCain’s campaign and the Republican National Committee are fueled by contributions from Washington lobbyists and special interest PACs."
We find that to be a large exaggeration and a lame excuse. In fact, donations from PACs and lobbyists make up less than 1.7 percent of McCain's total receipts, and they account for only about 1.1 percent of the RNC's receipts.
Note: This is a summary only. The full article with analysis, images and citations may be viewed on our Web site:
From:
www.factcheck.org/elections-2008/obamas_lame_claim_about_mccains_money.html
June 20, 2008
FactCheck.Org
Obama says McCain is "fueled" by money from lobbyists and PACs, but those sources account for less than 1.7 percent of McCain's money.
Summary
Obama announced he would become the first presidential candidate since 1972 to rely totally on private donations for his general election campaign, opting out of the system of public financing and spending limits that was put in place after the Watergate scandal.
One reason, he said, is that "John McCain’s campaign and the Republican National Committee are fueled by contributions from Washington lobbyists and special interest PACs."
We find that to be a large exaggeration and a lame excuse. In fact, donations from PACs and lobbyists make up less than 1.7 percent of McCain's total receipts, and they account for only about 1.1 percent of the RNC's receipts.
Note: This is a summary only. The full article with analysis, images and citations may be viewed on our Web site:
From:
www.factcheck.org/elections-2008/obamas_lame_claim_about_mccains_money.html