For the People: Campaign Finance Reform
To loosen the hold corporate money has on our country, we must build worker power, and to do that, we need the For the People Act. The bipartisan bill, which has been given the designation H.R. 1 as a sign of its importance, passed the House of Representatives last week and has moved to the Senate for consideration.
We have been sharing information in the CWA eNewsletter about how the bill ensures that eligible voters can participate in elections and reduces the role of large donations in political campaigns.
Over the past few weeks we highlighted how the For the People Act will give people more choices about where and when they vote, how it will update the voter registration process, and how it would protect voters.
The bill would also reduce the ability of corporations and extremely wealthy donors to control campaigns and our political process.
The For the People Act would restore voter power by leveling the playing field with a system of public financing that would match small donations of $200 or less at a rate of six to one. Further, it would create more transparency in campaign finance by requiring all organizations involved in political activity to disclose their large donors. These reforms would make political candidates less dependent on large donations by amplifying contributions from working people.
Laws regulating voting, the role of money in politics, and corporate lobbying have not kept up with changes in American politics. But corporate executives want to keep things the way they are so they can keep calling the shots. They're doing whatever they can, including spreading misinformation about the bill, to hold on to their power.
We can't let them get away with it. Tell your Senators that it is time to update our voting system to give every eligible voter the chance to vote. Click here to send an email.