"The House passed a GOP-sponsored bill to end public financing for presidential campaigns Wednesday. Ten Democrats, most of them Blue Dogs, joined Republicans in the vote.
The bill suspends a 35-year-old program that lets taxpayers direct $3 to a general fund in the Treasury when they file their taxes, without reducing their refund. Republicans say ending the option would save $617 million over 10 years without preventing individuals from making personal donations to any candidate or party.
“The American people don’t need, or want, the government acting as their campaign finance intermediary to political candidates,” Georgia Rep. Tom Graves said in a statement. “The dynamics of modern politics provide more information, access, and avenues to donate than ever before, and it’s illogical to believe the government needs to compete with the will of an individual to donate on their own time, with their own dime.”"
House votes to end public financing
POLITICO.com:
