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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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