Maine to vote on revamping pioneering campaign-finance law

Published 11/03/2015, 07:02 AM
Updated 11/03/2015, 07:10 AM
Maine to vote on revamping pioneering campaign-finance law

By Dave Sherwood

PORTLAND, Maine (Reuters) - Maine is set to vote Tuesday on a measure proponents hope will revitalize the state's pioneering system of public campaign finance, once hailed as a model for the United States but now criticized by opponents who call it "welfare for politicians."

The "Clean Elections Initiative" would increase public funding for qualifying candidates for office to as much as $3 million to make them more competitive against privately funded candidates, according to supporters.

The existing law, passed by voters in a 1996 ballot initiative, made up to $2 million available to candidates for statewide office.

"If we strengthen our voluntary system of campaign financing, more candidates will use it," said Andrew Bossie of Maine Citizens for Clean Elections. "That means they will work for regular voters, and not just for wealthy special interests."

The initiative proposes to beef up disclosure rules, requiring political advertisements to list their top three donors. It would also strengthen penalties for violating campaign finance law.

The controversial Maine ballot question underscores the increasingly tense national debate over how best to regulate campaign finance in the wake of Citizens United, the landmark 2010 U.S. Supreme Court case that allowed unlimited independent spending by corporations and labor unions in election campaigns.

Opponents of the Maine initiative, including Republican Governor Paul LePage, point out that the proposed law does nothing to limit spending by outside groups, chiding the measure as a subsidy for undeserving politicians.

"The real question is: how much of your hard-earned tax dollars do you want to buy lawn signs, make robocalls to your house and send junk mail?" wrote LePage in an opinion piece co-authored with two Republican lawmakers.

Maine's statewide system of full public financing was the first such program in the United States, but participation rates have dropped by more than 30 percent since 2006 as outside money has flooded state elections. 

In 2014, independent groups including political action committees spent at least $14 million to sway Maine voters, more than the candidates themselves, according to Maine Ethics Commission filings.

The pattern is the same nationally, according to Katy Owens Hubler, of the National Conference of State Legislatures.

Only Connecticut and Arizona now have programs similar to Maine's, Hubler said.

"Public financing has fallen out of favor in the states because of this huge influx of money from outside groups," Hubler said. "The question is what to do about it."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.