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To qualify for the public funds you have to accept spending limits.
So the math is:
Is the amount Obama can raise and spend personally greater than the total he'd be allowed to spend if he takes the public funds.
And the answer, if primary trends continue, is a clear yes. I'm not a fan of public financing of campaigns but this is still a disappointing decision from him since he is a supporter of it. But then I'm hugely opposed to McCain-Feingold so McCain gains no advantage in this particular issue.
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