House Votes To Abolish Public Financing For Presidential Campaigns

WASHINGTON — Eager to cut spending, the Republican-controlled House voted to end multimillion-dollar federal subsidies for presidential candidates and national political conventions on Wednesday, the first of what party leaders promise…

WASHINGTON — Eager to cut spending, the Republican-controlled House voted to end multimillion-dollar federal subsidies for presidential candidates and national political conventions on Wednesday, the first of what party leaders promised will be weekly, bite-sized bills to attack record deficits.

The 239-160 vote sent the measure – and the fate of the familiar $3 check-off box on income tax returns – to the Senate, which is controlled by the Democrats.

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