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Kerry May Delay Nomination to Raise More Funds

Sen. John Kerry may delay accepting the Democratic Party's presidential nomination for a month after July's party convention. The move would allow him to raise more money. Once candidates are officially nominated, they're each expected to accept $75 million in federal funds to finance the fall campaign. Since the Democratic convention comes five weeks before the GOP convention, advisers say Kerry would be at a disadvantage. NPR's Peter Overby reports.

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Peter Overby has covered Washington power, money, and influence since a foresighted NPR editor created the beat in 1994.