Saturday, February 23, 2008

The weird thing about that whole "John McCain loves the lobbyists" story is that it may not even be the most pressing long-term issue facing his campaign.

First, McCain opted in to the public finance system for the primaries last year. It meant that his struggling campaign would get $5.8 million in public matching funds in March. Now that he's effectively the Republican nominee, he wants out, because the system entails a spending limit of $54 million through the end of August. He's almost spent that much already, according to the Post.

So the McCain campaign sent the Federal Election Commission a letter earlier this month saying that he was opting out. But there's a problem. And FEC Chairman David Mason, a Republican, made it plain in his letter yesterday: McCain can't tell the FEC that he's out of the system. He can only ask.

And the FEC, which normally has six commissioners, can't give him an answer until it has a quorum of four commissioners. It currently only has two. ...

It is a serious issue. As the Post reports, "Knowingly violating the spending limit is a criminal offense that could put McCain at risk of stiff fines and up to five years in prison."

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