Mike Kueber's Blog

August 23, 2012

The New York Times proposes to give small political donors a voice

Filed under: Issues,Politics — Mike Kueber @ 7:58 am
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I know I am in trouble when I find myself agreeing with a New York Times editorial, but that is the situation I recently found myself in regarding the Times’ position on campaign-finance reform.  The editorial endorses a proposal from two groups – the Brennan Center for Justice and Democracy 21 – that participating congressional candidates would accept a 50% reduction in the current campaign-contribution maximum (from $2,500 to $1,250) in return for the government providing a 5 to 1 multiplier to all individual contributions up to $250.

The Times editorial does a good job of describing how the current financing of congressional campaigns is become the exclusive province of the rich, and this proposal would go a long way toward reducing the influence of the rich and increasing that of voters of modest means.  Cost – $700 million a year.  Money well spent.  Unfortunately, it doesn’t fix the Citizens United, super-PAC problem, but we can slay one dragon at a time.

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