Posted 5 years ago on Feb. 8, 2014, 8:12 p.m. EST by GirlFriday
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Most members of Congress would leap at the chance to fund their campaigns without having to turn to a familiar cast of big donors and entrenched interests. Today, that’s virtually impossible.
But it doesn’t have to be that way. We can and must break the grip of special interests on our politics. Those of us inside and outside the Capitol who support this kind of major change are rallying around H.R. 20, the Government by the People Act, which is to be introduced Wednesday. This sensible, straightforward legislation would:
● Encourage the participation of everyday Americans in the funding of campaigns by providing a refundable $25 My Voice Tax Credit. This would bring the voices of the broader public into the funding side of campaigns and democratize the relationship between money and speech.
● Establish a Freedom From Influence Matching Fund to boost the power of small-dollar contributions. To be eligible for these matching funds, a candidate would have to agree to a limit on large donations and demonstrate broad-based support from a network of small-dollar contributors. Amplified by the Freedom From Influence Matching Fund, the voices of everyday Americans would be as powerful as those of big donors.
● Provide candidates with an opportunity to earn additional resources in the homestretch of a campaign so that the voices of the people are not completely drowned out by super political action committees and other dark-money interests. In the wake of Citizens United, this kind of support is critical to ensuring that citizen-backed candidates have staying power.
The funding for these changes should come from closing tax and regulatory loopholes that are the decades-old legacy of special-interest influence in Congress. It’s only fair that those responsible for breaking the policymaking machinery in Washington should bear the cost of fixing it. http://www.washingtonpost.com/opinions/nancy-pelosi-and-john-sarbanes-reversing-the-grievous-error-of-citizens-united/2014/02/04/0f197d0a-8dba-11e3-98ab-fe5228217bd1_story.html