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Financing Political Campaigns


            Presidential campaign laws should be reformed so that representatives can only use funding that originates from public money. There are two crucial purposes for the need for this modification; one because certain candidates are receiving ludicrous amounts of money and it is not fair for others who perhaps cannot generate such funding. Secondly, the individuals who are providing this money are not supporting their candidates without ulterior motives which results in a corrupt system. These issues can be resolved with a procedure implemented that only allows campaigns to be financed by public money.
             The Federal Election Commission reported that Presidential and congressional candidates running in the 2012 election cycle received more than $7.1 billion in funding for their campaigns. This absurdly high figure is an indication of the stakes involved in these campaigns and the types of people that are involved. Officials take advantage of the profits they generate whilst in power and combining this with the support of their party, contributing organizations and special interest groups that provides them with a high chance of them getting re-elected. These incumbents are not always the most suitable person for the job but the one with the most financial support. This proves to be detrimental as the wealthy candidates embrace different policy priorities than of the general public who hold middle class status and their dominance of elections essentially distorts public policy. .
             Furthermore, the representatives who aspire to win or retain public office are trapped in an endless arms race; compelled to spend time lobbying, raising more money to keep up with opposing candidates. It is estimated that Congresspersons spend an average of three out of five weekdays raising money for their reelection. This is time not spent caring for and debating the issues that benefit society at large. Incumbents manage comfortably in the current big-money system whereas non-wealthy Americans, grassroots candidates are significantly less successful.


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