Attended another salon last night...I'm sure you'll disapprove [View all]

[brooklynite]

Congressman Sarbanes was in town to promote his "Government By the People Act" bill (HR 20):

It has three main components. First is a $50 tax credit per donor per election cycle. Second is a voluntary matching fund system. People who donate up to $150 to a candidate who has agreed to lower contribution limits and the full disclosure of all donations will have that donation matched 6 to 1 with federal funds. If the candidate agrees to take no contributions higher than $150, the match rises to 9 to 1. And finally, it allows candidates to raise additional matching funds in the last 60 days of the election if the candidate feels he needs it to ward off a last-minute advertising blitz. (The bill has disincentives to keep that additional money from being used unless it is really needed.)

http://www.nytimes.com/2014/05/17/opinion/nocera-rethinking-campaign-finance.html

There are currently 143 co-sponsors (only one Republican).