Shining a Light on Political Spending
Congressional leaders introduced comprehensive campaign finance reform legislation designed to increase transparency in political spending, limit the influence of corporate money in elections, and establish a system of public financing for federal candidates.
The bill would require disclosure of all political donations exceeding $10,000, ban foreign-owned corporations from spending on U.S. elections, and establish a small-dollar matching system that amplifies the voice of everyday Americans in the political process.
What the Law Would Do
- Full transparency in campaign spending — all donations over $10,000 must be publicly disclosed
- A 6-to-1 public matching program for small-dollar donations under $200
- Ban on super PAC coordination with candidates
- Strengthened FEC enforcement with adequate funding and an odd number of commissioners
Public polling consistently shows that over 80% of Americans believe there is too much money in politics, making campaign finance reform one of the most popular yet elusive policy goals.
