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McCain to accept public financing

From NBC/NJ's Adam Aigner-Treworgy and NBC's Mark Murray
Aboard the Straight Talk Express from the airport to the hotel in Minneapolis, McCain said that his campaign has decided that it will accept public financing for the general election. "We will take public financing," Asked what his thinking was, he said, "Because we decided to take public financing."

That will enable McCain to spend $84 million after the GOP convention.

Obama, who today rejected the public financing system, could possibly raise more than three times that amount for the general election.