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Government by the People Act

Proposed U.S. campaign finance reform legislation From Wikipedia, the free encyclopedia

Government by the People Act
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The Government by the People Act or H.R. 20[1] was proposed United States campaign finance reform legislation introduced in 2014 in the 113th United States Congress.

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Nancy Pelosi, John Sarbanes, and other Democrats holding a press conference in support of the bill

Under the provisions of the act, political contributions of up to $150 would be matched by a factor of six times more than the original donation as long as candidates meet certain requirements. They must not use their own money, not accept donations over $1000, have already received at least $50,000 from 1000 in-state donors, and decline most political action committee money.[2] In order to subsidize donations to political candidates, supporters said that it will close "corporate tax loopholes",[3] though no financing mechanism had been identified.[2] It was supported in print by Representatives Nancy Pelosi (D-CA), John Sarbanes (D-MD),[1] Annie Kuster (D-NH),[4] and Tulsi Gabbard (D-HI).[5]

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