After the most expensive campaign cycle in U.S. history, a bipartisan group of lawmakers will introduce legislation this week to create an ambitious voluntary public campaign financing system that would ban contributions from lobbyists and place strict limits on other sources of campaign cash.
Under the proposed overhaul of campaign finance law, candidates would be prohibited from accepting donations from registered federal lobbyists but would receive public matching money for contributions from people in their communities. Advocates of the “Fair Elections Now” measure said the system would weaken the predominance of special interests in politics.
Bipartisan challenge to campaign finance
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