Government by the People Act

The Government by the People Act or H.R. 20[1] is proposed United States campaign finance reform legislation introduced in 2014.

As of February 2014, it had over 100 Democratic cosponsors, but it has little to no chance of passing the Republican-controlled House of Representatives.[2] Political contributions of up to $150 would be matched by a factor of six times more than the original donation as long as candidates meet certain requirements. They must not use their own money, not accept donations over $1000, have already received at least $50,000 from 1000 in-state donors, and decline most political action committee money.[3] In order to subsidize donations to political candidates, supporters say it will close "corporate tax loopholes",[2] though MinnPost.com said no financing mechanism has been identified.[3] It has been supported in print by Representatives Nancy Pelosi (D-CA), John Sarbanes (D-MD),[1] and Annie Kuster (D-NH).[4]

References

  1. 1 2 "Reversing the grievous error of Citizens United". The Washington Post. 2014-02-04. Retrieved 2014-02-11.
  2. 1 2 "Washington Notebook: Maine's congressional delegation ranks in center and left". Portland Press Herald. 2014-02-10. Retrieved 2014-02-11.
  3. 1 2 Henry, Devin (2014-02-06). "Rep. Ellison's big idea for cleaning up campaign finance". MinnPost.com. Retrieved 2014-02-11.
  4. ↑ "Washington Memo: Our democracy needs campaign finance reform". Concord Monitor. 2014-01-28. Retrieved 2014-02-11.

External links

This article is issued from Wikipedia - version of the Wednesday, April 06, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.