The Nation - News from Feb. 19, 1987
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The Federal Election Commission gave the flock of 1988 presidential aspirants a financial target to aim for as they line up their campaigns: $27 million. The commission set that amount as an early estimate of the spending limits candidates will have to stay within when seeking their parties’ nominations for the presidency. The overall primary limit will be $26.7 million, meaning that the candidates may not exceed that amount in total spending if they choose to receive federal matching funds.
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