Author Topic: GOP Seeks to End Public Campaign Financing  (Read 967 times)

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Offline Chris_

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GOP Seeks to End Public Campaign Financing
« on: January 26, 2011, 08:38:14 PM »
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GOP Seeks to End Public Campaign Financing

Congressional Republicans are targeting public financing of presidential campaigns, citing deficit worries and calling the current program “welfare for politicians.” Democrats, though, charge it’s an attempt by the GOP to further increase the influence of big donors.

The CBO estimates that ending the program would immediately result in $195 million -- the amount left in the fund at the end of the 2008 election cycle -- going toward the ever-growing deficit.

The House voted Wednesday 239-160, with 10 Democrats supporting the measure, to nix the program, which was part of a slate of reforms enacted after the Watergate scandal.
Fox News

I caught a little of this on C-SPAN and I was honestly surprised to see the topic being discussed.
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Offline Carl

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Re: GOP Seeks to End Public Campaign Financing
« Reply #1 on: January 26, 2011, 09:24:12 PM »
Public financing of elections is nothing more then a dem dream to shut out the opinions of the private sector and allow those who live off tax dollars to have the major say in who should be elected to administer them.

Nothing is more fundamentally abhorrent to a free,representative Republic.