Paying for de Blasio’s Reelection

The Story

Public financing of campaigns widens the field of potential candidates and reduces reliance on private donations, advocates say. New York City has the most expansive and generous system of public funding in the U.S., but it isn’t clear that we’re getting more democracy with it. Mayor de Blasio, facing only token opposition in his primary contest, is getting millions in public money in addition to the millions he has raised from unions and real-estate developers. What’s the point of publicly financed campaigns if the system serves only to augment the war chest of the most heavily favored candidate?

The Facts You Need to Know

  1. Buckets: Mayor de Blasio has raised more than 40 times the amount of money as his leading primary opponent. Read more.

  2. Dubious: In its “Statement of Need,” the de Blasio campaign argued that a prospective opponent’s tweets constituted “significant” opposition. Read more.

  3. Worse: Public financing of city campaigns has done nothing to limit political corruption or encourage outsider participation in the system. Read more.

“It’s unfortunate that the mayor made a strong case for additional matching funds by saying he had a competitive race and then took off on vacation.”

Dick Dadey, Director Citizens Union

Twitter Take

The Past is Present

“The modern era of campaign finance reform has an equally partisan origin.”

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