Friday, May 1, 2015

Possible Campaign Finance Reforms


Congress depends on a tiny number of funders to run their campaigns.  Each of the following five proposals would decentralize the funding of elections, either through matching funds or democracy vouchers, so that Congress is dependent on ALL citizens.

Building a Government Of, By and For the People
The Government by the People Act - H.R.20 is a proposed bill to reform the campaign finance system, introduced into the House in 2014 by John Sarbanes (D-MD).  A companion bill, the Fair Elections Now Act - S.2023, was also introduced into the Senate by Sen. Dick Durbin [D).

Under the proposed bill, political contributions of up to $150 would be matched by a factor of six times more than the original donation as long as candidates meet certain requirements.  They must not use their own money, not accept donations over $1000, have already received at least $50,000 from 1,000 in-state donors, and decline most political action committee money.

CLICK HERE for more information.

Match Campaign Donations up to $250 at 5:1 Ratio
The Empowering Citizens Act - H.R.270 is federal public financing legislation, introduced by David Price (D), modeled on New York City’s small donor matching fund program.  It aims to amplify the voices of small donors in congressional and presidential elections by matching contributions up to $250 with public funds at a 5-1 ratio. The legislation encourages candidates to run grassroots-oriented campaigns by cutting contribution limits in half for candidates who choose to accept public funding.

CLICK HERE for more information.

Vouchers and Transparency Plan
The Political Money Reform Proposal, introduced by Jim Rubens (R), a Candidate for Senate, NH, suggests that each voter be given a $50 tax rebate voucher usable to fund congressional candidates, that all contributions over $200 be immediately searchable, and that all political spending and contribution limits be lifted.

CLICK HERE for more information.

$200 Voucher to Support Small Dollar Funded Campaigns
The Taxation Only With Representation Act proposes that each taxpayer should be allowed to earmark the first two hundred dollars of his or her tax payments to support election of one or more candidates to public office.  It was created in 2012 by Richard Painter (R), President George W. Bush’s Chief Ethics lawyer.

CLICK HERE for more information.

Fundamental Lobbying Reform and Funding for Small Dollar Funded Campaigns
The American Anti-Corruption Act (AACA) is a piece of model legislation originally crafted in 2011 by a bi-partisan team lead by former Federal Election Commission chairman Trevor Potter.  The addresses political corruption in three main areas:

- Stop political bribery by overhauling lobbying and ethics laws
- End secret money by dramatically increasing transparency
- Give every voter a voice by creating citizen-funded elections

The Act is primarily supported by Represent.us, a Non-partisan, Anti-Corruption Non-profit independent organization.

CLICK HERE for more information.











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