USA TODAY: Gary Johnson gets more presidential matching funds

Adakin Valorem~PWCM~JLA 2012/07/06 21:27:27

By Paul Singer, USA TODAY

The campaign of Libertarian presidential candidate Gary Johnson is getting a boost from taxpayers.

The Federal Election Commission announced Thursday that Johnson -- who dropped out of the Republican primaries and accepted the Libertarian Party nomination -- and Buddy Roemer, who has suspended his campaign, have both qualified for additional federal matching funds for the primaries. In the July installment, Roemer gets $66,491 and Johnson gets $130,059. That brings Johnson's total for the election cycle to $230,059, while Roemer has received a total of $351,961.

The matching funds come from a $3 voluntary check-off individual taxpayers make on their tax returns. According to the FEC, "To become eligible, candidates must raise a threshold amount of $100,000 by collecting $5,000 in 20 different states in amounts no greater than $250 from any individual. Other requirements to be declared eligible include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records and permitting an extensive campaign audit."

Green Party presidential candidate Jill Stein, who is likely to formally accept the party's nomination at its national convention next weekend, announced Monday that her campaign has received enough donations in 20 states to be eligible for matching funds and will submit paperwork to the FEC shortly.

Neither President Obama nor Republican Mitt Romney will accept matching funds this year as they will raise and spend far more than the limits allow, but the FEC has approved a little more than $18 million each for the Republican and Democratic conventions.

See photos of: Gary Johnson, Buddy Roemer


Read More: http://content.usatoday.com/communities/onpolitics...

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