Fifty years ago, Watergate sparked a national reckoning with the corrosive role of #unregulated #money in our political system.
Another round of significant reforms is long overdue.
So what can be done?
The next Congress can start by passing the
"Freedom to Vote Act"
– a broad
democracy reform package that includes a variety of strong provisions to
rein in Super Pacs,
curb dark money
and strengthen enforcement.
Congress came within a few votes of passing this package in 2022.
Congressional leaders have affirmed they will make it a top priority in 2025.
They should renew that commitment at the first opportunity.
Over the longer term, it is also critical that governments at all levels explore
alternative ways to fund campaigns
– including through reviving and building on the long-term goal of effective #public #financing.
The new system that went into effect this cycle in New York state, for instance,
uses public funds to match small private contributions from candidates’ constituents
– making it possible for them to rely less on wealthy donors outside of their districts and states.
New York could be an excellent model for a revitalized federal public financing system.