Bernie Sanders has a new campaign finance reform plan ... [View all]
The full campaign finance reform plan, which is being rolled out less than a week after Sanders announced his massive third quarter fundraising haul of $25.3 million dollars that surpassed the rest of the field, centers around the idea that corporate money and influence only adds corruption to the political system. In the news of their fundraising haul, the campaign also released that their average donation during the third quarter was $18.07, and the individuals who donated the most to the campaign listed their occupation as "teachers." Sanders enters the 4th quarter of 2019 with $33.7 million cash on hand a figure that will likely be the most of any Democratic candidate.
Looking to replicate his success with small dollar donations through this five-pronged plan, Sanders is calling to aggressively reform national party conventions, presidential inaugurations, public elections, presidential primary debates, and Congress, specifically targeting how the Democratic party raises money and how corporations and lobbyists influence individual campaigns.
In addition to ending corporate contributions to the Democratic Party Convention, Sanders is also calling for the end of corporate donations to the Democratic National Committee, and inaugural events and capping all individual donations to inaugurations to $500.
Sanders also wants to make federal elections publicly funded, abolish the Federal Election Commission and replace it with a Federal Election Administration with its own governing body. He also is calling for a Constitutional amendment designed to overturn Supreme Court cases like the Citizens United decision, and pass legislation to end super PACs. Sanders would also install a Universal Small Dollar Voucher system which would "give any voting-age American the ability to "donate" to federal candidates."
Finally, the plan calls for a ban on advertising during presidential primary debates, and institute a lifelong lobbying ban for former members of Congress.