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Biden could opt for public funding |
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By Aaron Blake
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Posted: 11/09/07 06:57 PM [ET] |
Sen. Joseph Biden (D-Del.) signaled Friday that he might use public funding for his presidential campaign, filing a “threshold” submission with the Federal Election Commission (FEC).
His campaign said it will make a final decision during the next month.
Biden would become the second presidential candidate to opt for public financing. Former Sen. John Edwards (D-N.C.) did so in September.
Both trail front-runners Sen. Hillary Rodham Clinton (D-N.Y.) and Sen. Barack Obama (D-Ill.) significantly in fundraising. Clinton and Obama each raised more than $80 million through the end of the third quarter, while Edwards has raised $30 million and Biden has raised $8 million.
Biden’s campaign manager, Luis Navarro, said: “We are taking every step to ensure that we will have the necessary resources to compete in Iowa and the other early states.”
Obama has said he would accept public financing in the general election if the Republican nominee agrees to do the same. Sen. John McCain (R-Ariz.), who has qualified for public funding, has made a similar pledge.
Biden’s submission to the FEC seeks to certify that he has raised the required $5,000 in each of 20 states, using contributions up to $250. |
