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Joe Hadfield predicts Kerry-Edwards to accept public funding

Joe Hadfield writes on Campaigns and Elections website: Despite the prospect that forgoing public funding would be more profitable, John Kerry will accept public funding along with the official Democratic Party nomination in a few weeks.

Once nominated, Kerry and new running mate John Edwards qualify for public funds set at $75 million. A condition to the public money is that the campaign stops accepting private donations, which have come into Kerry's account at a rate of $36 million a month since March.

By sustaining that pace in the three months between the Democratic convention and Election Day, the campaign could bring in $108 million. Michael Meehan, a Kerry-Edwards spokesman said a lesson they learned in the Democratic primaries is that fund raising efforts come at the cost of candidates' time. -- Campaigns and Elections magazine