Thursday, September 28, 2006

Ending Welfare for Politicians as Some Have Known It

The scheme whereby taxpayers have financed presidential campaigns since the 1970's will soon die, and George Will, for one, is celebrating. Will dismisses the suggestion that this will result in too much money being spent on those elections:

Reformers desperate to resuscitate taxpayer funding cite the supposedly scandalous fact that each party's 2008 presidential campaign may spend $500 million. If so, Americans volunteering to fund the dissemination of speech about candidates for the nation's most consequential office will contribute $1 billion, which is about half the sum they spend annually on Easter candy. Some scandal.

Over the last decade, Will has been among the most vocal and the most eloquent voices against the regulation of political speech by politicians. He is right.

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