Moving Expenses
Obama team creates non-profit corporation to help fund his transition into the Oval Office
The Obama team has created the Obama-Biden Transition Project, a non-profit corporation set up under section 501(c)(4) of the Internal Revenue Service code, to help supplement the $6.3 million he will receive in taxpayer funds.
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Source: Fox News
Note: So there's nothing left of the $650 million he raised during the campaign? Maybe there is some law saying he can't spend "campaign" funds on "transition" expenses.
The Obama team has created the Obama-Biden Transition Project, a non-profit corporation set up under section 501(c)(4) of the Internal Revenue Service code, to help supplement the $6.3 million he will receive in taxpayer funds.
Read More...
Source: Fox News
Note: So there's nothing left of the $650 million he raised during the campaign? Maybe there is some law saying he can't spend "campaign" funds on "transition" expenses.
posted by Kathy at 11/09/2008 11:11:00 AM
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