I actually took the time to read this bill. I find it rather interesting. Congress is attempting to actually limit the amount that can be used to fund campaigns. We all talk about the money that is used during campaigns, well this would therefore limit campaign spending to 1.5 million dollars, and that is only in the districts that have the highest median incomes. Other districts the maximum would be less. The equation goes something like 2/3 of the percentage difference times the 1.5 million, subtracted from the 1.5 million. Without having actual numbers it is difficult to follow to say the least.

The funding is limited for third party or independent candidates because it limits it to the ratio of the percentage of the votes that previous third party candidates or independents received. But that is a total of all candidates.

It does allow for increases in the funding by allowing for candidates submit petitions. For a major party candidate a requirement of 20% exists in which the funding would be increased to match the highest funded candidate. For a third party candidate, the requirement is for 10% in which they would be eligible to be increased to 50% of the highest funded candidate.

Ultimately this bill would limit what a candidate can spend, and further restrict the amount that state parties can give to the candidate. Gone would be the hustle and bustle of raising money for re-election, no more fundraising while in office. Imagine that, a true campaign finance reform.

By the way, if for some reason, an independent or third party candidate received greater than 25% of the vote in an election, that candidate would be considered a major party candidate.

I think before we jump to conclusions on this bill we should actually take the time to read what it says and what it means, and not rely on the interpretation of people who have something to gain by its defeat.

I will be the first to admit that the bill does make it easier for the incumbents, it is refreshing to know that their is actually an attempt to reform campaigns that ultimately limit the amount that a candidate can spend. Something refreshing from Congress for a change.

For all those who jumped on the bandwagon and cried a foul, I am disappointed that you did not actually investigate this bill for yourself and instead relied upon the shabby and inaccurate work of others.

dmk