To: The United States House of Representatives and The United States Senate
Campaign Financial Reform
Limit all campaign financing/spending to no more than $300 million per candidate (with adjustment for cost of living increases over time) for any office to allow more individuals to participate as candidates and to preserve monetary resources for other endeavors. Next, limit overt campaigning to nine months before the election. Thirdly, allow an increased amount up to $200 on IRS Form 1040 to be given to the Presidential Election Campaign Fund. Limit all campaign financing/spending to no more than $300 million per candidate (with adjustment for cost of living increases over time) for any office to allow more individuals to participate as candidates and to preserve monetary resources for other endeavors. Next, limit overt campaigning to nine months before the election. Thirdly, allow an increased amount up to $200 on IRS Form 1040 to be given to the Presidential Election Campaign Fund.
Why is this important?
Estimates for 2012 presidential campaign spending is approximately $2.2 billion dollars and $6 billion for all campaign spending. With US and international hunger problems, challenges for funding for education, infrastructure problems, national debt and increasing poverty to name a few issues, it is reasonable to limit spending for any election.