Presidential nominee Sen. Barack Obama announced today that in addition to rejecting taxpayer funding for his general election campaign, he will also forgo public funding for government entitlement programs once he reaches the White House.“The public financing of presidential elections as it exists today is broken,” said Sen. Obama. “The public financing of government-run entitlement programs is even worse. The only way to stop the political corruption of both systems is to get the pigs away from the trough.”
The Illinois Democrat said he would raise his own money for the campaign in small amounts from millions of Americans, and that “private charities across the land will do the same thing to provide for the needs of the hungry, the poor, the homeless and the sick.”
By rejecting forced taxpayer-funding, Sen. Obama “we hope to give birth to a truly Great Society in which more Americans will get personally involved the lives of others, bringing a human face to hope and love, and setting in motion waves of compassion from sea to shining sea.”
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