Monday, February 28, 2011

NY Public Financing Campaigns

New York Governor Cuomo is being pushed by businessmen, clergy, and former politicians to support a system of public financing of state campaigns. During his State of the State address in January, he showed support for this issue.

The group sent a letter asking Governor Cuomo to press lawmakers to implement a campaign funding system similar to New York City. In New York City, candidates for city office can participate in a system publicly funded that provides $6 for every $ they raise from individuals, up to to $175. They also face spending limits and must participate in a debate.

"A public funding system with voluntary limits and matching funds similar to New York city's will dramatically reduce candidates' dependence on special interest donors," the letter said.

Backers argue that New York City's experience shows candidates pay more attention to soliciting small donations increasing public engagement and reduces big donors influence. Opposition is coming from state Republicans who are against taxpayer money to fund campaigns.

Should we support state funding of campaigns like New York City?









NYC Wins When Everyone Can Vote!

Michael H. Drucker
Technorati talk bubble Technorati Tag in Del.icio.us Digg! StumbleUpon

No comments: