Bill De Blasio Wants to Make Public Campaign Financing a Reality Nationwide
An analysis of New York City’s public financing system in the Election Law Journal found that the city’s implementation of its 6-1 matching rate in 2009 spurred increases in both the number of individual contributions of $250 or less and the percentage of local candidates’ total campaign funds coming from small donors. “The New York City public financing system was successful in amplifying the voice of small donors,” said Corey Goldstone, the spokesman for watchdog group the Campaign Legal Center. It’s the kind of proposal that’s already popular in other cities — San Francisco just increased its program, and it’s in place in Los Angeles, Baltimore, Denver, and Washington, DC — and is gaining traction more broadly.
Read the full article here.