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Old 02-25-2008, 01:53 AM
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Default Dean says McCain skirts election law with campaign loan

Dean says McCain skirts election law with campaign loan

(CNN) -- Democratic Party Chairman Howard Dean accused Republican presidential front-runner John McCain of trying to skirt campaign finance laws Sunday by trying to opt out of public financing for his primary campaign.

Dean told reporters McCain has already used the prospect of nearly $6 million in federal matching funds -- which he now says he won't claim -- as collateral for a January campaign loan and to obtain automatic ballot access in every state.

Dean said he was filing a complaint with the Federal Election Commission to block McCain from quitting the public financing system, which imposes a spending cap on candidates.

"The law is very, very clear," Dean said. "He cannot be let out of the matching fund program if he has already used the promise of matching funds for loan collateral, and it's already clear from his FEC report that he has used that promise."

FEC Chairman David Mason raised similar questions about the loan agreement in a letter to the McCain campaign last week. But the Arizona senator's campaign has said its existing request with the FEC was never part of the terms of the loan, merely the possibility of future payouts.

Dean says McCain skirts election law with campaign loan - CNN.com

The more things seem to change,the more they stay the same.Anyway,we will see how this plays out,these things take time!
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