At a press conference yesterday, Barack Obama told reporters, “I think that it is creaky and needs to be reformed if it’s going to work. We know that the check-off system has been declining in participation and as a consequence, the amount of money raised through the public financing system may be substantially lower than the amount of money that can be raised through small donations over the Internet.”
When asked why he didn’t check the box in 2005 and 2006, Obama responded, “I have always checked off $3 in the past, so I’m going to have to talk to my accountant. That may have been an oversight or a mistake.” Jen Psaki, and Obama campaign spokesman told reporters that in 2006 Obama had to revise his tax return of a change in a charitable donation, and while doing that, he checked the box to donate money to the Presidential Election Campaign Fund.
Now, I trust that this WAS a mistake, but in that case, Obama can’t make statements such as “I have always checked off $3 in the past,” because it’s just not true.
Tags: 2008 Election, Barack Obama, Democrat, Election, Elections, Finances, funding, Fundraising, General Election, Jen Psaki, Money, Politics, Presidential Election Campaign Fund, Public Financing, Spending Limit, Taxes