H.J. Res.100 would require that all federal campaigns –all campaigns for President, Vice-President, Senator and Representative – be financed exclusively with public funds and prohibit any expenditures from any other source, including the candidate. H. J. Res. 100 would also prohibit any expenditures in support of, or in opposition to, any federal candidate, so that interest groups will not be able to influence elections. It will maintain the First Amendment “freedom of the press” and preserve the traditional role that the media have played in our electoral process.
“We must rescue American democracy from unlimited corporate money. This is the most fundamental issue facing the future of our nation. With corporate, private financing we have officials working for the interest of corporations. With public financing we have officials working for the public. And public financing will actually save taxpayers’ money, by eliminating any incentive of public officials to reward campaign contributors with taxpayer subsidies.
“We must eliminate the influence of money on our elections and on our policy-making. We must eliminate the influence of special interests on our elections and on our legislation. We must eliminate the influence of multi-national corporations and foreign corporations on the government of our country. We cannot wait. We must fight for government of the people, by the people, for the people,” said Kucinich.
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