"I met with (McCain campaign counsel) Trevor (Potter)…within the last 10 days to two weeks," Obama campaign counsel Bob Bauer said this morning at a Christian Science Monitor breakfast for reporters, per ABC News Political Director David Chalian.
"We had a conversation which all of the issues we're discussing here were reviewed," Bauer said. "We had two items on the agenda. The other one is not relevant here nor particularly newsworthy. But this was the other item and it was the item we discussed at greatest length. And everything we're discussing here, we discussed then.
"And it became clear to me, and I reported to the campaign, that there really wasn't a basis for further discussion. On the question of whether Sen. McCain had any comment -- or his campaign had any comment -- on the extended period, seven month period, that he would have had to privately finance his general from Super Tuesday all the way to the convention, the answer was that they were confident that we would find a way to catch up, perhaps. They thought we'd probably be able to draw even -- both campaigns would be in the same position by August.
"On the question of 527 activity there really wasn't any response. Overall, it was very clear that there really wasn't going to be any particular dialogue or purported created solution that could put the campaigns in a position where they could credibly claim that they had agreed on a meaningful publicly financed general election campaign on fair and competitive terms. There just simply wasn't the basis for that in the discussion."