Wednesday, July 2, 2008 | 2:03 a.m.
Clarence Lanzrath asserted in his Friday letter that Sen. Barack Obama is hypocritical for opting out of public financing for his presidential campaign. But Obama is no more a hypocrite than Sen. John McCain. McCain agreed to take federal funding at a low point during the primary campaign to secure a $4 million loan and then opted out as he began to win more contests and overspent the $54 million federal funding limit.
An inequity that Obama faces is that federal funding would have to cover an extra week because the $84 million kicks in right after each party’s convention — eight weeks for McCain, nine weeks for Obama until Election Day.
Surely it’s obvious that McCain would have more than a million more per week, and in fact could spend millions more during the week after the Democratic National Convention, when Obama would be limited to federal funding and McCain would not.
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