What are some of the main benefits of Proposition 89?
A. Proposition 89 would limit the amount of money that can be contributed by individuals, corporations, and unions into the political system. It would free elected officials to actually care for the needs of the people of California, instead of chronically fundraising. It would let plain folks run for office, instead of just rich candidates. The measure also limits the fundraising season, by prohibiting any candidate whether receiving public financing or not from collecting campaign contributions earlier than 18 months prior to a primary election. Q. How much money will be needed for public financing of campaigns in California? A. An estimated $200 million per year would be needed for the Clean Money fund. Q. Why does Prop. 89 provide the funding through a corporate tax rather than allocating money from the state’s general fund? A. A May 2006 research study by the non-partisan Center for Governmental Studies recommends that a successful clean money system must have a reliable source of
