Biden Preparing To Accept Federal Matching Funds

In an e-mail to supporters, Delaware Senator Joe Biden announced that his campaign is preparing to accept federal matching funds. Biden is urging supporters to donate money so he can compete in the Iowa caucuses. Biden wrote, "one of these steps includes the campaign preparing a submission in order to qualify for matching funds."

Here is the full e-mail:

As you know, we are taking every necessary step in order to compete during the final weeks leading up to the Iowa caucuses on Janurary 3rd. One of these steps includes the campaign preparing a submission in order to qualify for matching funds. What this means is public financing will MATCH every individual contribution up to $250.

So, those that contribute up to $250, through matching funds, will see their contribution doubled. $10 becomes $20. $50 becomes $100. $250 becomes $500.

I understand you haven't made an online contribution to the campaign yet. This campaign is creating real political buzz on the ground as Iowans begin to choose their candidates. By contributing $10, $25, $50 -- up to $250 today -- you can double the impact your support will have in Iowa for staff, advertising, and additional outreach to Iowa caucus-goers.

Thank you for supporting our efforts. We are making real progress in this campaign and I could not do this without you.

Joe Biden