What is public financing?

Public financing is a system that allows political candidates to access public funds for their election campaign. The system is intended to ensure that most of the candidate's financing comes from a country rather than special interest groups, such as Political Action Committees (PAC). Public financing is either considered a full or partial funding system for political races. In order to access public funds, they must swear to any other private means. If the candidate decides to refuse public funds and instead use privately raised money, their opponent may be able to get further public financing in an effort to make the race a fair struggle in terms of funding. In full systems, the amount is usually based on the average of the campaign expenditure from the last few years.

in United States, the presidential elections use a partial system for public funds. According to these conditions, the candidate may receive private money and is entitled to comparePublic amounts. The cost of accepting public financing is that candidates agree to reduce expenditure to strictly controlled amounts. By logging out of the process, the candidate can spend what they can increase.

Public financing systems are intended as a way of helping a clean campaign. The fact that most of the candidate's money comes from government sources, the rules of public financing seek to limit the influence of private donors on candidates. Critics of private financing raise concern that candidates who finance campaigns with special interest groups may feel after the function of the group of interest. Instead of fulfilling their duty to protect citizens, they may be under pressure to protect society or the group that fund their campaign.

The dismissal of public financing is not always a sign of corruption or even a proposal for PAC. Some candidates voluntarily reject money from whatKoli PAC, instead they get all their money from the gifts of voters. This system performs the main function of public financing and ensures a clean campaign without accepting the available funds. Especially popular candidates may decide to give up public resources specifically for this reason.

In the 2008 presidential election, a democratic nominee Barack Obama caused a change in his early position and decided to unsubscribe from public financing. Critics suggest that this is an opportunistic step with dubious motifs. Supporters say that the Senator Obamova campaign was almost completely funded by low -gifts of voters and does not accept PAC money; Its refusal to take public money is a reflection of its ability to raise funds through net and responsible tactics and Will remove part of the financial burden from the public system. It is not yet known how this decision will affect a campaign or election.

In the United States, resources come to the presidential FinnsNoving from the tax system. For each individual tax return, $ 3 can be focused on the financial fund. This does not increase the amount of the taxpayer, but rather controls money that owes a specific goal. As a means to ensure justice, the system works to some extent. Critics quickly point out that the presidential rules allow considerable gaps in this process that qualified politicians are certainly able to use.