Obama’s Fundraising Success May Herald a Whole New Model
Roll Call Contributing Writer
Sen. Barack Obama (D-Ill.) has created the potential for a new model of campaign financing, and a new (or at least altered) approach to campaign finance reform. I am not referring to his decision to opt out of the public funding system, for which he has taken serious flak from Sen. John McCain (R-Ariz.), major newspaper editorial pages, many columnists and a slew of reformers. I mean in his incredible ability to craft a wholly new funding system that has already raised almost $300 million for the nominating process from approximately 1.7 million individual donors.
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Schumer Advocates for Many on Panel
Nov. 16, 12 a.m.
As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article
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