The Government By the People Act increases the power of the small contributions that ordinary citizens can afford to give, providing incentives for congressional candidates to reach out to average constituents, not just dial for dollars from wealthy donors.
It took just 32 billionaires and corporations giving Super PACs an average of $9.9 million apiece to match every single dollar given by small donors to Romney and Obama in the 2012 election cycle, according to new report.
1. Do you agree that wealthy donors translating their massive economic power directly into political influence is a problem that should be taken into account when considering rules governing spending on elections?
When Congress narrowly missed another government shutdown in December by passing the “cromnibus” bill, much of the press coverage focused on Capitol Hill’s ongoing dysfunction. However, buried inside the bill was yet another blow to campaign finance regulations, dramatically increasing the amount of money donors can give to political parties. A single couple can now give up to $3.1 million to a political party over a two-year election cycle, a six-fold increase.
Today, the Supreme Court declined to review a lower court decision upholding limits on so-called "soft money" in politics. Congress enacted these limits as part of the McCain-Feingold Act in hopes of stopping wealthy donors from funneling huge sums of unregulated or “soft” money to political parties as a way of evading campaign contribution limits.
Last week, New York Attorney General Eric Schneiderman announced new disclosure requirements for “dark money” nonprofits. The proposed rules would require 501(c)(4) organizations that spend money on politics in New York State to reveal the donors behind their spending.
Washington, DC – Today, over 80 community leaders signed a letter urging Mayor Bowser and the members of the DC Council to support the Fair Elections Act of 2017, important legislation under consideration to create a voluntary, small-donor matching program for local elections.
What do people mean by “money in politics” or “campaign finance reform”? Running for office requires money—for staff, travel, TV ads, etc. In many countries, much of the cost of public elections is paid for by public funds, so the voters control the process and candidates are only accountable to their constituents. But in most places in the U.S., election campaigns are funded only with private money, most of it coming in the form of large checks from wealthy donors.
You don't need a PhD in political science to know that America's social contract is badly frayed. A battery of polls and studies over recent years reveal the following depressing facts: That many Americans don't believe that they have much say in how the rules of society are made; many don't believe they will get ahead if they play by the rules; and many don't believe that the rules are enforced fairly, regardless of class or connections.
Problem: In the 2012 election cycle, state-level candidates and parties raised more than $108 million.1 All that money sways the decisions our leaders make from what’s best for New Yorkers to what’s best for big money donors, and the lack of transparency means we can’t see when money is driving bad decisions.
Problem: Just in the last decade, 15 state-level elected officials have been convicted of corruption-related crimes. Ethics reform isn’t enough—we need to change the way elections work so that our elected officials are truly accountable to voters.
A system of Fair Elections for New York State will not only allow for candidates from diverse communities to compete, but it will help build lasting political power for communities of color.
Last week, 72 New York State Assemblymen sent a letter to Assembly Speaker Sheldon Silver urging him to support a public financing program for primary, general and special election campaigns for statewide offices. Such a program would match modest contributions with public funds, which allows small contributors to have a larger impact and brings more donors into the political process.
Washington, DC – Today, Adam Lioz, Demos Counsel and Senior Advisor of Policy & Outreach, released the following statement in support of the Fair Elections Now Act, introduced by Sen. Richard Durbin.
“Demos applauds Senator Durbin and his colleagues for re-introducing the Fair Elections Now Act, the strongest public financing legislation in the U.S. Senate.
Americans are outraged over the power of money on our government. In Citizens United the Supreme Court already increased the dominance of the wealthy and special interests on politics and policy. Now, in McCutcheon v FEC, the court is being asked to strike down one of the few remaining campaign finance laws that we have to fight corruption of our democratic government. After all, in a democracy the size of your wallet shouldn't determine the impact of your voice or your right to representation.
(New York, NY) – On the heels of the nation’s most expensive mid-term election cycle, where federal political spending hit a $3.7 billion high, the national public policy organization Demos released a new report that examines the inherent racial bias in our big money political system.
Today, New York Governor Andrew Cuomo unveiled his own proposal for public financing of campaigns. The governor’s proposal adds to several other proposals currently under consideration to get money out of the electoral system in the state. After a year of high-profile corruption scandals and arrests, it’s clear that something must be done.
