SUPPORTS CAMPAIGN FINANCE REFORM

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SUPPORTSCAMPAIGN FINANCE REFORM
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WHY REFORM?
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WHY A 200 LIMIT?
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To ASSURE THE PUBLIC that

• EXCESSIVE CAMPAIGN CONTRIBUTIONS DO NOT CAUSE
  CORRUPTION
• LARGE CONTRIBUTIONS WILL NOT BUY POLITICAL ACCESS
• LARGE AMOUNTS OF MONEY ARE NOT REQUIRED TO
  PARTICIPATE
• THEY KNOW WHO IS CONTRIBUTING TO CAMPAIGNS

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HOW MUCH WOULD PUBLIC FINANCING HAVE COST IN
YEAR 2000 CAMPAIGN?

• CITY REVENUES FOR 2 YEARS 178
  MILLION DOLLARS
• QUALIFYING CANDIDATE MATCHING FUNDS
  33,000

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HOW MUCH WOULD PUBLIC FINANCING HAVE COST IN 2000
CAMPAIGN?

• 33,000 / 178 MILLION .0185 of
  1 !!!

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CITIES WITH PARTIAL PUBLIC FINANCING

• LONG BEACH, CA - 1 FOR EVERY 2 COLLECTED. MUST
  RAISE 5000 FIRST.
• LOS ANGELES,CA - 1 FOR EVERY 1 COLLECTED. MUST
  RAISE 25000 FIRST.
• OAKLAND, CA - 1 FOR EVERY 1 COLLECTED. MUST
  RAISE 3000 FIRST.

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ADDITIONAL PUBLIC FINANCING JURISDICTIONS

• OAKLAND,CA
• PETALUMA,CA
• SAN FRANCISCO,CA
• SUFFOLK COUNTY
• TUCSON,AZ
• NEW YORK, NY
• BOULDER, CO

• ARIZONA
• MAINE
• MASSACHUSETTS
• VERMONT

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THE PUBLIC OVERWHELMINGLY SUPPORTS CLEAN MONEY

• 68 SURVEYED SUPPORTED FULL PUBLIC FINANCING,
  VERSUS 19 AGAINST
• 7 INCREASE IN SUPPORT OVER SIMILAR POLL IN 1996
• CONSERVATIVE REPUBLICANS SUPPORT IT 51 vs
  32SOURCE The Mellman Group

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WHY HAVE A SMALL REPORTING REQUIREMENT THRESHOLD?

• TO PREVENT ILLEGAL PRACTICE OF MULTIPLE 99
  CONTRIBUTIONS TO CIRCUMVENT THE REPORTING LAW
• PERHAPS 1 MINIMUM IS A REPORTING BURDEN
• HOW ABOUT 25 ??

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To ASSURE THE PUBLIC that

• EXCESSIVE CAMPAIGN CONTRIBUTIONS DO NOT CAUSE
  CORRUPTION
• LARGE CONTRIBUTIONS WILL NOT BUY POLITICAL ACCESS
• LARGE AMOUNTS OF MONEY ARE NOT REQUIRED TO
  PARTICIPATE
• THEY KNOW WHO IS CONTRIBUTING TO CAMPAIGNS