Tags: mccain | obama | financing

McCain Slams Obama's Donation 'Scandal'

Sunday, 19 Oct 2008 10:06 PM

John McCain complained bitterly on "Fox News Sunday" that Barack Obama “broke his word to me and the American people” by rejecting public financing for his campaign.

He also questioned the suspicious number of Obama donors who have given the campaign less than $200 and whose names and addresses have never been disclosed by Obama's campaign.

McCain specifically mentioned the more than $200 million in unitemized campaign contributions – a story that Newsmax broke in September – that have flowed into Obama's campaign coffers.

The Federal Election Commission requires campaigns to disclose the names of donors who have donated more than $200. [See: Secret, Foreign Money Floods into Obama Campaign. Go here now.]

McCain said Obama's refusal to disclose the origin of that money will “cause a scandal” that a future Congress will have to fix with new legislation.

“Senator Obama raised $150 million in — I understand, during the month of September, completely breaking whatever idea we had after Watergate to keep the costs and spending on campaigns under control,” McCain said.

Obama “broke his word to me and the American people when he signed a piece of paper when he was a long-shot candidate that he would take public financing if I would,” McCain said.

“Then, twice on national television he looked into the camera with Senator Clinton sitting there and said, ‘I'll sit down and talk to John McCain before I make a decision on public financing or not.’ He didn't tell the truth.”

McCain argued that Obama’s refusal to disclose donors who had contributed less to $200 to his campaign – a story Newsmax first revealed and has been following closely – makes no sense in our computerized era, where data base software can easily report donor information to the FEC and to the public. McCain has released the names of all donors to the public, including those under $200.

“The American people should know where every penny came from. They know where every penny of my campaign contributions came from,” McCain said.

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