Bloomberg failed, but billionaires still rule U.S. politics (Op-Ed)

Mike Bloomberg and Tom Steyer’s decisions to end their respective self-financed presidential campaigns “is hardly proof that money doesn’t matter,” write the Brennan Center’s Chisun Lee and Dan Weiner. In U.S. politics, access to extreme wealth still determines who can run for office. H.R. 1, the For the People Act of 2019, would reverse this power imbalance. The bill’s small donor public financing measures would provide alternative means for candidates to launch viable campaigns by increasing the value of small-dollar contributions through a matching system.

Source: Washington Post

Date: March 6, 2020

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