Public Campaign Action Fund's David Donnelly contributed to this quick "news you can use" piece on Slate about a loophole in the presidential public financing program that lets participants continue to collect private contributions to pay for "compliance" costs associated with using public funds.  There's no set limit on what you can spend on compliance, so millions of dollars have been raised this way.

Well we have a decision from the FEC on whether Sen. John McCain broke the rules when abruptly backed out of the presidential public financing system for the primary race. In a widely anticipated move the six commissioners at the Federal Election Commission voted unanimously to sign off on McCain's opt-out.

NPR's Marketplace reported on the pending decision by the Federal Election Commission on whether John McCain broke the rules when he opted in, then opted out of the presidential public financing program for the primary election. David Donnelly, of Public Campaign Action Fund's Campaign Money Watch project comments on the controversy here.

David Donnelly has a new piece up at Huffington Post highlighting that while Obama may be raking in donations under $200, you only have to look to his colleagues on the Hill to see the money is coming from the same old locations.

Yesterday, Sen. Barack Obama (D-IL) announced that he would opt-out of the presidential public financing system. The news got picked up far and wide.

Senator Barack Obama (D) has decided to opt out of the partial public financing system for the general presidential election, the first candidate to do so since the system was adopted. He is expected to have a fundraising advantage over Republican rival John McCain. In response to Obama's decision, Public Campaign Action Fund has released this statement.