Obama Will Not Take Public Matching Funds

This morning's breaking political news is that Barack Obama, who regularly broke fundraising records on his way to becoming the presumptive Democratic nominee, will not accept public matching funds. This means that some $60 - $80 million in public funds will not be available to his campaign, but also that his campaign will not be bound by any spending limitations. Recently, the McCain campaign has had problems concerning their official request for public funding, a program from which they later attempted to unofficially and incorrectly withdraw.