how to reduce role of money of money in elections
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Answer:
Many trends in American politics and government today make me worry about the health of our representative democracy. These include the decline of Congress as a powerful, coequal branch of government, the accumulation of power in the presidency, and the impact of money on the overall political process.
Recently, the Supreme Court’s five-member majority declared that it’s unconstitutional to limit the aggregate amount an individual can give to candidates, political parties, and political action committees. Campaign contributions amplify free speech, these justices maintain, and campaign finance laws violate the First Amendment: any limit on the ability of individuals to contribute to candidates is a restraint of free speech.
Big money is here to stay in politics. Those of us who wish it were otherwise have lost that argument — at least for the near term.
But we weren’t mistaken about the impact of free-flowing campaign cash on the system. Politicians need large sums of money to run for office, and they spend a lot of time raising it. They are keenly attuned to generous donors. Inevitably, this gives more political influence to the relative handful of wealthy donors (only a few thousand at best) who choose to “invest” in politics and often, though not invariably, get what they want.
Explanation:
The President stepped in and crafted campaign financing laws that would counteract the increasing influence of money on our elections.
Explanation:
- Even now critics of campaign finance laws are opposing the existing caps on individual contributions and the easily avoided rules that we already have on transparency.
- We earnestly hope that momentum for campaign finance and muscle disclosure laws can grow over time, as our economies will be more inclusive, transparent and open if we reduce the impact of money on elections.
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