Similar Stories to Trump Leaning Against Public Financing For His Campaign on Bing News

By JULIE PACE and JILL COLVIN, Associated Press, San Francisco Chronicle: Politics
Tue, 05/10/2016 - 5:03pm

NEW YORK (AP) — Donald Trump says he's leaning against accepting public financing for his general election campaign — an option that would have saved him the arduous task of raising the vast sums he will need but also would have put strict limits on what he could spend. Trump, his aides and Republican officials have been huddling in New York and Washington in recent days hashing out details of how they'll run his general election campaign, including various fundraising options, after he suddenly became his party's presumptive nominee last week. While Trump has discussed investing significant sums of his personal fortune to help elect fellow Republicans to Congress, he had previously left the door open to paying for his own campaign using the public financing system, which provides major party presidential nominees a lump sum grant of roughly $94.14 million in the general election. President Barack Obama effectively ended the practice of candidates taking general election public financing in 2008, when he chose not to accept it.

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