A government for the people, or a government for wealthy special interests?
The current campaign system puts the interests of the American people in the hands of wealthy special interests. Both parties should rally behind the Fair Elections Now Act, returning public elections to public ownership.
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A bipartisan solution
As an important first step in reclaiming our elections and curbing the undue influence of special interests on our candidates, it is high time that Congress passed the Fair Elections Now Act, introduced in the House by my former colleagues Democrat John Larson of Connecticut and Republican Walter Jones of North Carolina.Skip to next paragraph
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Modeled after successful Fair Elections programs in eight states, the proposed law would require that participating candidates turn down special interest money and accept only $100-or-less donations from their constituents. Candidates who reach a qualifying threshold of 1,500 in-state donations would then be eligible to receive sufficient matching funds to run a serious campaign.
This would dramatically reduce the influence of special interests, including unions and corporations. And Fair Elections would open the election process to many more Americans who currently have no opportunity to seek public office for lack of funds.
Public funding removes undue influence
Because of the recession and the growth of government, citizens are understandably concerned about the cost of funding Fair Elections. The truth is, Fair Elections would actually save our government billions of dollars every year. The Cato Institute has tracked some $87 billion in annual subsidies to corporations.
If we could cut this corporate welfare merely in half by eliminating the payback for campaign contributions, we would save almost $45 billion each year. By comparison, we can fund Fair Elections for Congress for under $1 billion per year.
As a lifelong Republican, I see no reason why the Fair Elections Now Act should not receive support from both Republicans and Democrats. Voters of all stripes understand that money has an undue effect on who runs for office, who gets elected, and which legislation gets passed.
That is an unacceptable reality for the body I once proudly served. Recent Gallup polls show only 11 percent of Americans have confidence in Congress – reinforcing the consequences of this troubled reality.
Return the government to the people
This popular demand for change of the way business gets done in Washington is what Americans have in common in this election. It’s where MoveOn.org and the Tea Party can agree. And it’s what Republicans, Democrats, and Independents will be looking for when they cast their ballots a month from today.
To repair our badly broken campaign finance system and restore a government that is – in the words of Abraham Lincoln – of, by, and for the people, Congress should take campaigns out of the hands of special interests by passing Fair Elections.