Daniel made some comments that the entire presidential spending race is projected to reach 1 billion during this cycle. Most big-name candidates are electing to decline the federal matching contribution money so they can try and raise money without the cap. This brings up a good point, should the government set limits on how much money can be spent on campaigns for public office?
I say absolutely YES, there should be limits. The real issues and facts get muddled when not everyone’s voice can be heard due to lack of money for ads, campaign costs, travel, etc.
We should set some limit like $1M advertising max for presidential campaigns. This would include everything from internet, TV, radio, and newspaper ads to bumper stickers, signs, and whatever other stupid stuff they try and use to get your vote. They can use all they want for travel costs but I don’t want to see any ads once they waste their first million. Anything extra they collect needs to be given to non-political non-religious charities in each of the 50 states.
For Senate they have the same rules but their ad limit is $750K, Representative limit is $500K. And to make it all interesting, no ad money can be spent until you’re within 30 days of the election and no donations are allowed from any corporation. Any campaign found breaking those rules is immediately disqualified.