Public Campaign

Donate Now
Follow us On:
  • YouTube
  • Twitter
  • Facebook
  • Home
  • Fair Facts
  • Get Involved
  • Voter Blog
  • Press Room
  • About Us

Collect $100 Million, Pass Go

Submitted by Katie Schlieper on Mon, 01/22/2007 - 17:25

At the sound of the chime, the 2008 Presidential Wealth Primary will commence: all competitors must hand over the $100 million entry fee - remember this is a competition of money, not ideas. Or so this article by Dan Morain at the Los Angeles Times would suggest. For the first time since Watergate prompted the reform, candidates for the 2008 Presidential race are expected to forego public financing in the general election. Relying on extensive Rolodexes to raise the hundreds of millions they will need to be competitive in a climate of rapidly escalating campaign costs, major party nominees are expected to forego public financing - enacted in 1976 to reduce the influence of wealthy donors on the outcome of the race - and its attendant fundraising limits. Instead they'll need to reach out to even more groups and individuals capable of giving the maximum donations in both the primary and general elections. Make no mistake, when it comes to what will matter in determining a viable candidate for the White House, access to wealth will be at the top of the list. With the race for the nation's highest office inextricably tied to access to big money, isn't it time to consider a solution that cuts the ties between wealthy special interests and candidates for public office? If the current Presidential public financing system is no longer up to the task, it's time for full public financing in the model of Clean Elections. Otherwise, this situation will only get worse.

  • campaign contributions
  • Clean Elections
  • Presidential public financing
  • wealth primary

Recent Blog Posts

VIDEO: Fair Elections Rally in NYC
April 10, 2013
Public Campaign President Nick Nyhart was in New York City last week for a Rally for Fair Elections attended by hundreds of activists from around the city. Watch the video below of Nick's...

NYT: Public Financing Required to Fight Corruption
April 9, 2013
The New York Times is out with an editorial today on what reform in Albany must look like in the wake of yet another wave or corruption in New York politics. It's simple: changing Albany and...

Clips Round-up for 4/9/13
April 9, 2013
NYT editorial out this morning responding to the recent scandals in New York: "Of all the proposed reforms, the most critical is to open up elections so that voters have real choices. And that...

Remembering Anne Smedinghoff
April 8, 2013
No doubt many of you read this weekend of the violent death in Afghanistan of a young American foreign service officer, Anne Smedinghoff. Her passing rang an especially sad note for current and...

View All Blog Posts
  • Privacy Policy

Public Campaign

1133 19th Street, NW 9th Floor Washington, DC 20036
  • info@publicampaign.org
  • 202.640.5600
  • 202.640.5601