Councilmen Mike Bonin, Paul Koretz and David Ryu said they want the city’s policy analysts to determine how much a “clean money” system would cost and where the money would come from.
Ryu welcomed Bonin’s proposal, saying taxpayer financing of election campaigns would let candidates spend more time talking to voters.“It will give the candidates the ability to not have to go after the almighty dollar, but instead focus on the issues and the priorities of the community,” he said. One activist said he would be open to another public discussion of full public financing. But he said he fears the proposal will be used to change the narrative at City Hall, allowing council members to downplay the fact that they recently killed or tabled other serious reforms.
Elected officials are currently required under state law to report any donation of $5,000 or more that they raise for nonprofits or foundations.Council members also have not acted on a major proposal backed by the Ethics Commission: prohibiting donations from corporations and other groups. Backers of the plan argue it would prevent donors from giving through limited liability companies and other entities that can make it difficult to determine who is behind a contribution.
Jay Handal, who serves on the Neighborhood Council Budget Advocates, said he fears a full public financing system would end up pushing more money into “independent expenditure” committees, which can raise and spend unlimited amounts to back their chosen candidates.
Sounds like the council members want public funds used only for candidates that support their issues....this idea is a sure way to a communist dictatorship!
Every candidate gets the same amount of money and campaigns last 6 weeks.
If scotus will end PACs
Imagine if we used money raised by all these campaigns to help people in this country who need it
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