Obama co-sponsors public financing legislation

Wether it is fighting to bring our troops home, leading on energy policy, or standing up to the rediculous right-wing media Senator Barack Obama is - hype included - emerging head and shoulders above Hillary Clinton in the policy arena heading into the 2008 sweepstakes.

Obama has now signed on Senator Russ Feingold's bill calling for greater public financing of campaigns.

[Sen. Feingold's bill] would raise significantly the spending cap for candidates accepting public funds during their White House campaigns in an effort to keep the system relevant.

Democracy 21 President Fred Wertheimer yesterday urged Obama’s presidential rivals to follow his lead...

“Senator Obama has provided important national leadership by becoming the first presidential candidate to sponsor vitally needed reform legislation to protect the integrity of the presidency and to join in the battle for its passage,” Wertheimer said.

The bill would take effect in 2012.

Seeing as how Obama is currently not accepting federal funding, this might raise some eyebrows. Senator Obama is actually considering something quite new:

At the moment, Obama is awaiting a response from the Federal Election Commission to his request for a unique fundraising arrangement: eschewing public money for the primaries, but reserving the right to return already-raised donations and take public funds for the general election, if he wins the Democrats’ 2008 nod.

How many times are we going to hear that Barack isn't doing significant legislative work?

Well...a lot.

Fortunately, saying it doesn't make it true!

Three cheers for Senator Barack Obama!

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jwrandolph's picture

All Proceeds

Shouldn't he be a leader, though

and not a follower? He signed on to someone else's legislation.

I'm teasing....I'm happy he did. Good for him. We do need public financing of elections.

Robin Hayes lied. Nobody died, but thousands of folks lost their jobs.

jwrandolph's picture

well...

yes.
yes.
and ha.
and yes.

:) happy tuesday

Internazionale's picture

Obama rocks

Obama is doing quite well with his legislation. He wouldn't have any of the profile he has now if there wasn't something to back it up. He was described as a legislative machine in Springfield, and he's attaching his name to push quite a bit of paper with his name on it on Capitol Hill.

We'd do really well with him or Edwards as our next president working with a more solid Dem majority. Think about this---if we flip another half-dozen Senate seats and get the normal blue state GOP votes on some progressive issues (Snowe, Collins, Voinovich), we could make some generational changes that will positively affect millions, if not all Americans thereafter. Effective world leadership on climate change, healthcare, sustainable enterprise, education.

jwrandolph's picture

absolutely

We flip Dole, McConnell, Smith, Sununu, Gregg, Allard, Hagel, Alexander, Inhofe, and Warner and we got muthafuckin CLOTURE

First we wanted subpoena power

and now cloture.

Man, we're just never happy. :)

Robin Hayes lied. Nobody died, but thousands of folks lost their jobs.

Robert P.'s picture

Just remember...

this is the same conversation they were having on RedState in February 2005.

Where are the candidates?

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