The New York Times editorializes on the escalating price of campaigning and the need to pass the Fair Elections Now Act."Congress must also revive public financing as a feasible alternative to big-money federal elections. President Obama reversed his promise and rejected public financing in 2008, arguing that the public subsidy lagged far behind modern campaign budgets. But he also vowed to repair and update the system once he made it to the White House. We’re waiting. "On Capitol Hill, where quid pro quo is the name of the game, the public option is just as needed. Senator Richard Durbin has introduced a measure to extend a federal four-to-one match to qualifying Congressional candidates who pledge to only accept donations of $100 or less and abide by spending limits and transparency rules."Click here to read the full editorial.