Democracy 21 developed and is fighting to enact a new, alternative way to finance presidential and congressional campaigns, based on matching small contributions with public funds.
- The system would match small individual contributions up to $200 with public funds at a ratio of 6 to 1. Thus, a $200 individual contribution would provide $1,400 to a candidate using the system.
- The new system would empower ordinary Americans and make their contributions far more valuable to federal candidates. The system would free officeholders from the iron-grip of influence-seeking, big money funders.
- The new system is financed not by taxpayers but entirely by corporate lawbreakers and wealthy tax cheats who pay a surcharge to the government on the penalties, fees and settlements they provide o the government for breaking the law.
- There is a growing, nationwide citizen demand for elections free of the taint of influence-buying, special interest money. More and more states and municipalities — from Seattle to New York City to Maryland to Connecticut to Maine — have adopted successful small-donor campaign finance systems.
- The small-donor, public matching funds system (H.R 1) passed the House in 2019 and has 47 sponsors (S. 949) in the Senate.
What Facebook, Google, and Twitter Owe America — Politico op ed by Fred Wertheimer and Norman Eisen
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|Op Eds |Ethics & Accountability Executive Branch Money In Politicsby Diane