WASHINGTON — The Federal Election Commission voted Wednesday to release an additional $4.4 million in federal matching funds to support the campaigns of 11 presidential contenders, bringing to $33.3 million the total allocated so far.
Vice President George Bush remains the leader in matching funds received, with an additional $396,583 on Wednesday that brings his total to $6.2 million since the beginning of the year, when the FEC began releasing the money.
Among the Democrats, former Colorado Sen. Gary Hart received the most in matching funds this week, $837,325, although his cumulative total of $937,325 is well behind that of the Democratic leader, Massachussetts Gov. Michael S. Dukakis, with a total of $3.5 million.
Basis for Disbursements
The candidates' own fund raising is the basis for the matching fund disbursements, with every private contribution of $250 or less matchable by the federal fund.