Bush-Cheney To Get $67M

campaign finance
George W. Bush and Dick Cheney, the Republican's presidential and vice presidential nominees, will receive $67.56 million in public funds for the general election, the Federal Election Commission announced Monday.

Bush and Cheney requested the money after receiving their party's nomination at the convention last week.

Under election law, major party nominees are entitled to federal funding for the general election if they agree to national spending limits. They may spend no more than the public funding plus a combined total $50,000 from their personal funds.

The candidates may also raise money from supporters for legal and accounting expenses, subject to FEC rules.

The Democratic ticket of Al Gore and Joseph Lieberman will be eligible for the federal money after the party's convention in Los Angeles next week.