Connally refuses federal funds
John Connally may not be able to lift his standings in the polls, but there is one thing he can raise: money. He has already gleaned approximately $8 million, far more than any G.O.P. rival and about $2.2 million more than Ronald Reagan, the Republican front runner. Last week Connally took the unprecedented step for a major candidate of announcing that he would not accept federal matching funds, which are designed to ease and equalize the costs of campaigning in the primaries. Connally will be giving up some $3 million...
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