In campaign news, Democratic presidential candidate Barack Obama has announced he is opting out of the federal public financing system in the general election. By turning down $84 million in federal money, Obama will be allowed to raise and spend an unlimited amount during the election. Obama is the first major party candidate to reject public funds since the system started in 1976. The decision marks a reversal for Obama. Last year he had pledged to accept public financing if his opponent did as well. McCain confirmed he will stay in the public financing system. McCain spokesperson Jill Hazelbaker said, “[Obama’s] decision will have far-reaching and extraordinary consequences that will weaken and undermine the public financing system.”