Should We Do Away With the Presidential Election Campaign Fund?
Traditionally, tax payers every year have been confronted by that little box on the tax form, giving them the option to donate part of their refund to the Presidential Election Campaign Fund. But it could soon turn out that that practice will go the way of the dodo.
Estimates have it that the race for the 2008 White House could carry a $500 million price tag, which is far more than the Presidential Election Campaign Fund can hold. Because of this, Democratic and Republican nominees could decline to use the fund in both the primary and the general elections. Pundits have identified the Presidential Election Campaign Fund as being broken, having not kept up with inflation, and that it also fails to take into account the greater number of media streams available to campaign through. When they say that, they mean “the Internet”, which is having the greatest effect on the voter’s decision process this year more then any other previous year.
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