Government by the People Act explained

The Government by the People Act or H.R. 20 was proposed United States campaign finance reform legislation introduced in 2014 in the 113th United States Congress., it had over 100 Democratic cosponsors, but at the time, it was thought to have little chance of passing the Republican-controlled House of Representatives.[1]

Under the provisions of the act, political contributions of up to $150 would be matched by a factor of six times more than the original donation as long as candidates meet certain requirements. They must not use their own money, not accept donations over $1000, have already received at least $50,000 from 1000 in-state donors, and decline most political action committee money.[2] In order to subsidize donations to political candidates, supporters said that it will close "corporate tax loopholes",[1] though no financing mechanism had been identified.[2] It was supported in print by Representatives Nancy Pelosi (D-CA), John Sarbanes (D-MD),[3] Annie Kuster (D-NH),[4] and Tulsi Gabbard (D-HI).[5]

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Notes and References

  1. News: Washington Notebook: Maine's congressional delegation ranks in center and left . 2014-02-10 . Portland Press Herald . 2014-02-11.
  2. News: Devin . Henry . Rep. Ellison's big idea for cleaning up campaign finance . 2014-02-06 . MinnPost.com . 2014-02-11.
  3. News: Reversing the grievous error of Citizens United . 2014-02-04 . The Washington Post . 2014-02-11.
  4. News: Washington Memo: Our democracy needs campaign finance reform . 2014-01-28 . Concord Monitor . 2014-02-11 . dead . https://web.archive.org/web/20140128185529/http://www.concordmonitor.com/home/10381285-95/washington-memo-our-democracy-needs-campaign-finance-reform . 2014-01-28 .
  5. News: Co-Sponsors of Government by the People Act . 2016-10-10 . U.S. Congress . 2016-10-10.