"Mr. Cantor wants to kill off the program — rather than update its limits to meet the costs of modern campaigns. He says it is necessary for budget cutting. We suspect his real motive is to give an even bigger voice to big-money contributors in presidential campaigns.
The majority leader has made a show of soliciting taxpayer gripes on his blog and presenting them directly on the floor, as if he were the M.C. of a dance marathon. He appears determined to bypass the House’s entire committee hearing system, just as the Republicans did last week when they voted to repeal the nation’s new health care law. Why bother to review and refine?
President Obama should be the first politician to object. He was, regrettably, the first presidential nominee to entirely forgo the public subsidy system in favor of a bonanza in small-dollar Internet donations. Mr. Obama argued that he had no choice since the finance system was “broken,” but he also vowed to fight for its repair."
Watergate? What’s That? NY Times Editorial on Presidential Public Funding Bill
NYTimes.com:
