CRP: Could campaign finance overhaul help solve congressional gridlock?
By Ashley Balcerzak
Should we restrict political contributions? How have weakened political parties impacted this election? Can public financing work? President-elect Donald Trump pledged to “drain the swamp,” yet has not proposed changes to the campaign finance system. So experts in the field with various viewpoints ran through scenarios at a forum organized by New York University and law firm Sidley Austin on Thursday.
Vice President Joe Biden headlined the event, breezing by the subject except to call “the role of big money” in our system “corrupting,” and saying, “If you want to change overnight the way of the electoral process in America, have public financing.”
Experts argued about what form that corruption – if it exists – takes, with some disputing Biden’s suggested cure. David Keating, president of the conservative Center for Competitive Politics, maintained there is no evidence stricter contribution limits affect the amount of corruption in politics.
