Ernst Calls for End of Taxpayer-Funded Presidential Campaigns

[corbe]

Ernst Calls for End of Taxpayer-Funded Presidential Campaigns

New bill will free up $350 million from unpopular election fund   
 
Yuichiro Kakutani - January 28, 2020 2:15 PM

As candidates prepare to spend billions on the 2020 presidential election, Sen. Joni Ernst (R., Iowa) is working to put to use more than $300 million taxpayer dollars sitting idly in a public campaign fund.

Presidential candidates today may request grants from the taxpayer-funded Presidential Election Campaign Fund to pay for campaign expenses. The fund has accumulated more than $350 million, as no major party candidates have requested public financing in the last 12 years. The Iowa senator has introduced a bill to abolish the fund and divert its money to pay down the national debt.

"Taxpayers see our federal government as spend, spend, spend," Ernst said. "These are taxpayer dollars, let's apply them to our country's debt and move forward. It's over $300 million right now that could be used to close down deficits that we have in our budget."

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https://freebeacon.com/politics/ernst-unveils-plan-to-reduce-government-deficit/

[Bigun]

Ernst Calls for End of Taxpayer-Funded Presidential Campaigns

   Do it today and watch all these no chance campaigns melt away.

[mountaineer]

Amen to that.

[catfish1957]

I find it crazy that at least 100,000,000  People (events) checked that stupid contribute to POTUS campaign box ($1-$3 during the years per pop) on their 1040.  Giving even a $1 to me was absured from a government that has been stealing  from us for decades.  ($22T to date)

[catfish1957]

Want to scream?!?!!

Know how far that $350M will go toward debt reduction?

At last glance the National Debt is (was) increasing at a rate of $ 1.038T per Year. (Yes Trillion)

$350M divided by $1.038 T. = .000337 Years. or .123 Days or 2.95 Hours

Wind off a gnats wing beat versus a hurricane. 

[libertybele]

I find it crazy that at least 100,000,000  People (events) checked that stupid contribute to POTUS campaign box ($1-$3 during the years per pop) on their 1040.  Giving even a $1 to me was absured from a government that has been stealing  from us for decades.  ($22T to date)

   Every election cycle people donate millions and every election cycle the amount of money spent on campaigns increases; the amount is absolutely ridiculous and shameful.

In 2016 Clinton raised approximately $1,190M and Trump raised $648M.

https://www.bloomberg.com/politics/graphics/2016-presidential-campaign-fundraising/