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WASHINGTON – Two groups that have long advocated public financing of elections plan to spend at least $8 million this year to prod Congress to vote on proposed legislation aimed at reducing the influence of big donations in politics.
The joint effort by Common Cause and Public Campaign, called the Campaign for Fair Elections, will launch its first wave of advertising this week aimed primarily at Democrats who have yet to sign on in support of the bill.
The legislation would give candidates $4 of public financing for every $1 dollar raised through contributions of $100 or less. Participation would be voluntary, and candidates could opt out from the system.
Advocates hope the matching money would be so attractive that it would discourage politicians from having to chase big financial contributions from special interest donors.
Originally posted by buni11687
"Democrats and Republicans who are strongest on reform will buffer themselves against anti-incumbent anger," Edgar said.