Dems Sue to Cap McCain Spending

Federal lawsuit charges public financing dodge
By Peter Fearon,  Newser Staff
Posted Apr 15, 2008 5:21 AM CDT
The Democrats are suing to restrict McCain's spending prior to the GOP convention.    (AP Photo/Mary Altaffer)
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(Newser) – The Democratic National Committee yesterday filed a federal lawsuit to limit the amount John McCain can spend on his campaign before the GOP national convention. In apparent violation of federal law, McCain's once-foundering campaign used expected federal matching funds as collateral for a bank loan, but then opted out of the public financing system—and the restricted spending that come with it.

McCain, a proponent of campaign finance reform, has "an apparent belief that the reforms he championed apply to everyone but himself," charged the chairman of the Democratic committee.