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Obama Backs Out of Public Financing

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Obama Backs Out of Public Financing

Election 2008

Obama Backs Out of Public Financing

Obama Backs Out of Public Financing

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Democrat Barack Obama announced Thursday that he'll opt out of public financing to fund his campaign. This makes him the first candidate to do so since that system's creation in 1976. Madeleine Brand talks to Sheila Krumholz, executive director of the Center for Responsive Politics, about what that means for this year's presidential race.