Gary Santoro: Should Dean Choose Federal Money and the Spending Limits?
Answer: Only if the $19 million cannot be supplied by the grassroots.
Phrased another way: Does the campaign and its supporters see the additional $19 million as a difficult amount to raise - or a realistic goal to achieve without the government's matching funds?
So far Dean has raised over $25 million. 52% came from donors giving less than $200.
If Dean takes the Federal money, spending during the Primary season must be limited to $44.6 million according to the rules.
George W. Bush is not accepting Federal money for the Primary season, and will spend at least $200 million. So far, it does not look like any Republican is going to challenge Bush within the party for the nomination. All $200 million will go towards the promotion of George W. Bush, his policies, and his messages opposing the Democrats.
The Dean campaign has shown a remarkable ability to grow and improve over time. I believe its fundraising efforts will continue to increase in effectiveness. If the campaign accepts Federal funding, there will be a total of $44.6 million of spending for Dean, who is currently facing eight Democratic challengers, versus $200+ million of spending for George W. Bush, who is unopposed.
As a Dean supporter, I think the campaign should decline the Federal money and continue to seek funding from the grassroots. I believe the American people can supply more than $19 million, and then Dean will be able to spend more than $44.6 million during the season.
Let's shoot for $50 million - replace the Federal $19 million with $24 million from the grassroots. I think it's very realistic.
- G.S.
10:38:32 PM
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