Thursday, April 06, 2006

Why DeLay Quit

This Washington Post article,
Federal Probe Has Edged Closer to Texan, gives the real reason DeLay dropped out (well ok, a theory). As of Feb 15, according to FEC filings, DeLay had $1.3 million in campaign funds.

"DeLay also is entitled under federal election rules to convert any or all of the remaining funds from his reelection campaign to his legal expenses, whether or not he resigns, is indicted or loses the election. Election lawyers say one advantage of bowing out of the election now is that the campaign cash can be converted to pay legal bills immediately, instead of being drained in the course of a bid to stay in office."

1 comment:

Anonymous said...

I would think that the legal expenses must be directly related to election campaign in order to be paied for with the fund's money... It is very odd if it is not the case.