DNC to file 2nd Suit on McCain's matching funds

[kpete]

June 17, 2008

DNC to again file suit on McCain's matching funds

The DNC will today announce that they intend to file a lawsuit next week in U.S. District Court to spur an FEC inquiry over whether John McCain illegally withdrew from the federal financing system.

The committee first issued a complaint to the FEC in February, but In April a federal judge ruled that, even though the FEC lacked a quorom, they still could convene before the end of the 120 days they're given to examine complaints.

Now, with those 120 days expiring on June 24th, the DNC is acting again in hopes a judge will compel the FEC to act on their complaint, as is allowed by law.

At issue is whether McCain locked himself into spending limits in the primary by putting up anticipated matching funds as collateral for the loan that helped keep his underfunded campaign alive at the end of 2007.

more:
http://www.politico.com/blogs/jonathanmartin/0608/DNC_to_again_file_suit_on_McCains_matching_funds.html