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Himes, Shays agree on support for public financing

In a closely contested race in Connecticut, incumbent Rep. Chris Shays (R) and challenger Jim Himes (D) agreed yesterday that changing the way we pay for our elections is critical:
During that rare light moment, they agreed that public financing needs to be adopted for congressional campaigns to prevent the proliferation of lobbyists, political action committees and special interests who this year are making Connecticut's tight 4th District race one of the most-expensive in the country.
Perhaps it has something to do with the dramatic initial success of the Connecticut Citizens Elections public financing program, which began this year.  In addition, last week, we sent a letter to every congressional candidate and asked them to sign the Voters First Pledge.
As the nation faces its worst financial crisis since the Great Depression, now is the time for bold reforms to both the financial and political systems. Wall Street and powerful financial interests should not be funding campaigns for Congress if we want a political system that truly works for the American people.

The time is long overdue for members of Congress to do what the majority of Americans now know they should do: Make genuine reform of campaign finance a top legislative priority in 2009.
Himes and Shays need to make it official that they're on board -- you can see the signers here -- but it's great that this important reform issue entered their debate in its final weeks.


Tags: public financing, voters first pledge, money in politics, clean elections (all tags)


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$33,100 Donation Loophole

Can Common Cause please do something to highlight the loophole highlighted in the following NYT article? These donations will be the footnotes to the scandals of the next administration. http://www.nytimes.com/2008/10/21/us/politics/21donate.html?hp "Arguably the biggest whales of all are the several dozen who contributed $70,000 or more to Mr. McCain. They included Marvin Gilliam, an executive at Cumberland Resources, a Virginia coal-mining company where several top officials made sizable contributions to Mr. McCain, as well as Mr. Gilliam's wife, Marcia; Joe Ricketts, founder of the securities firm TD Ameritrade; and Meg Whitman, former chief executive of eBay and a prominent McCain surrogate, who contributed a total of $92,400, according to F.E.C. records, although some will apparently need to be refunded because of federal contribution limits. ... More than 500 donors contributed more than $30,000 each to Mr. Obama. They included James E. Rogers, chief executive of Duke Energy, a power company based in Charlotte, N.C.; Melanie Griffith, the actress; and John M. Noel, chief executive of Travel Guard, an affiliate of the insurance giant AIG."

by Blagfly on Tue Oct 21, 2008 at 01:11:58 PM EST


Public election financing

A simple answer is that the only money that can be spent is by the candidates himself. And limit the spending to one dollar per register voter able to vote for said candidate. The so called special interest groups would have to do their thing by 100% volunteers.

by rbukowsk on Tue Nov 25, 2008 at 12:17:12 PM EST


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