Article: FEC requests that Congress revise matching funds system.(NATION)

Byline: Brian DeBose, THE WASHINGTON TIMES

The Federal Election Commission has asked Congress to either update the public financing system for presidential candidates or get rid of it altogether.

FEC Chairman Scott E. Thomas and Vice Chairman Michael E. Toner said the principal reason for the request was candidates' decision to refuse the money.

President Bush chose not to accept matching funds for the primaries in 2000 and 2004. Last year, Democratic nominee Sen. John Kerry and Democratic candidate Howard Dean both opted out of the system.

"President Bush became the first candidate to opt out and win in 2000, which was a watershed ...

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