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December 4, 2008 10:44:45 AM CST



Edwards Could Lose Millions in Matching Funds

Posted Nov 19, 07 4:08 PM CST in Politics 

(Newser) – A tricky online fundraising format could dent John Edwards’ clean donations reputation—and cost him millions in federal funds. Edwards is the only top-tier Democrat accepting public financing, which matches individual donations up to $250. The system's exclusion of  funds “drawn on the account of a committee” may imperil matching for $4.3 million from ActBlue, which funnels online donations, the Politico reports.

The populist southerner has asked the FEC to rule on ActBlue's eligibility, arguing that it should be treated as a processing agent for individual donations. Complicating matters, Edwards has spun his decision to go with public financing—largely a matter of desperate financial straits—as a stand against special interests. The latest twist in the PAC storyline could mean bad publicity.

Source Politico

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Democratic presidential hopeful, former Sen. John Edwards, D-N.C., campaigns at a town hall meeting at Hug High School in Reno, Nevada, Sunday, Nov. 18, 2007.(AP Photo/Scott Sady)   (Associated Press)
Former Sen. John Edwards of North Carolina joins striking Writers Guild of America (WGA) pickets at NBC Studios in Burbank, Calif., as he continues his campaign for the Democratic presidential nomination...   (Associated Press)
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