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Feds Taking Closer Look at McCain Loan

Could lock him into matching funds— and $54M limit

By Kevin Spak,  Newser Staff

Posted Feb 21, 2008 12:32 PM CST

(Newser) – Today just isn’t John McCain’s day. The Federal Elections Commission says it may not allow the presumptive Republican nominee to drop out of the federal matching funds program, because he used it as collateral for a $4 million loan he took out to...   Read full story »

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