This bill can loosen the grip of big money on Congress and put democracy back in the hands of the people.
How it works:
– Contributions of $1 to $150 would be matched on a six-to-one basis by a public fund––paid for by closing corporate tax loopholes and giveaways.
– Contributors would get a refundable “My Voice” tax credit of $25.
– Each candidate’s public funding would be capped at a certain amount, and there would be strict enforcement of campaign finance laws—including disclosure of all donations.
This law would give candidates the incentive to spend time listening to the concerns of constituents, and not just powerful billionaires and corporate special interests.
Has anyone heard about this? I got an email with this info and a petition attached. It sounds like a major overhaul of our current system, and sounds a lot more fair. I signed it. I’m thinking that if enough people sign it and support this reform, it may have a chance of getting passed in Congress and becoming a law. Of course, there will be very powerful people against this, so this bill will not pass easily. But it’s worth a try.
Here’s what the petition says:
We demand a government that is accountable to all of us, not just wealthy donors.
I support the Government by the People Act (H.R. 20), which reduces the influence of big-money campaign donors by amplifying the voices of all Americans. As a citizen co-sponsor, I urge my representative to be a leader in working to pass this critical bill.