An Important Campaign Announcement from Barack Obama

This is an important campaign announcement from Barack Obama. He talks about the decision to opt-out of the broken public financing system.

By rejecting public financing, Barack Obama now faces no legal spending limits as he moves to the final stage of the race against the presumptive Republican nominee, John McCain.

John McCain said he would accept public financing, meaning he will be restricted to $84.1 million in direct spending in the two months between the Republican convention and election day.

Here is the announcement video from Barack Obama:

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