If McCain-Feingold was the campaign finance gold standard of its time, the Democracy Dollars Act is the boldest campaign finance proposal today. The act provides every registered voter 50 “Democracy Dollars” – $25 for presidential elections, $15 for Senate and $10 for House campaigns.
This may seem like pocket change, but multiply it by the hundreds of thousands of people who vote and suddenly those Democracy Dollars could help counter the super PACs and dark money.
The plan is to reduce the influence of big money in politics, but without violating Citizens United, which while incorrect is still legal precedent for the time being. Even in this legal climate, the Democracy Dollars Act would bring balance to special interest contributions with the financial power of voters.