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CAMPAIGN '88 : $25.5 Million for Coffers

December 17, 1987|From Associated Press \f7

The Federal Election Commission on Wednesday directed the Treasury to hand out $25.5 million to 11 presidential candidates.

Under election law, the candidates are entitled to receive federal matching funds for every donation of $250 or less that they collect for their campaigns.

One of the biggest chunks of money allotted, $4.5 million, was for former TV evangelist Pat Robertson, who has said he is philosophically opposed to the federal financing of campaigns.

He applied for matching funds, however, so he would have the money if he needs it to stay competitive, a Robertson spokesman said, adding that the campaign will decide whether to accept the money after analyzing its polling data and finances.

The first installment of funds will be paid during the first week in January.

Other Republicans qualifying for matching funds are Vice President George Bush, $4.8 million; Kansas Sen. Bob Dole, $4.3 million; Rep. Jack Kemp of New York, $3 million; former Delaware Gov. Pierre S. (Pete) du Pont, $1.9 million, and former Secretary of State Alexander M. Haig Jr., $100,000.

Among the Democrats, Massachusetts Gov. Michael S. Dukakis has been certified for $2.4 million; Missouri Rep. Richard A. Gephardt, $1.74 million; Sen. Albert Gore Jr. of Tennessee, $1.3 million; Sen. Paul Simon of Illinois, $748,180, and former Arizona Gov. Bruce Babbitt, $631,489.

Democrat Jesse Jackson's request for certification is pending with the FEC because he did not apply as early as the others.

Former Colorado Sen. Gary Hart, who re-entered the race on Tuesday, has not resubmitted his request for matching funds.

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