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Tuesday
Jul132010

« Push for Public Funds to Finance Campaigns »

WASHINGTON—Advocates of government funding for congressional campaigns have argued for years that their plan would reduce the influence of wealthy donors and corporate executives.

Now, legislation to put a publicly funded system in place is gaining a boost from an unusual set of allies: wealthy donors and corporate executives.

A group of about a dozen former corporate executives and other wealthy individuals has made $5 million in donations and pledges to bankroll a lobbying effort for government financing of House and Senate campaigns, according to David Donnelly, the head of Campaign for Fair Elections and the man leading the effort.

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