Wednesday, May 18, 2005
Today, the Portland, Oregon City Council approved Voter Owned Elections, a system that provides full public financing for candidates for city offices. Portland is the first major American city to use this method of taking back city elections from local special interests.
Under the program, candidates will have to collect a certain number of small donations and signatures in order to qualify for the public funds, in addition to abiding by a spending limit and reporting requirements. Voter Owned Elections will empower the voice of regular folks in the political process while restoring the voice of wealthy interests to a level commensurate with the popular support for their ideas.
The states of Maine and Arizona also have public financing programs for state candidates, as
does North Carolina for judicial candidates.
Congrats to all the folks in Oregon who worked hard to make this happen.