The bill seeks to make it harder for billionaires to buy elections.
- It caps individual donations to $20,000/year
- It forces real time disclosures of donations of $1000 or more.
- It limits campaign spending to $800k/seat and $90 million/party.
It is a fantastic bill that makes it harder for the rich to steal elections. That’s why this literal coal baron (Australia’s Trump) hates the bill:
Yeah, right. Regular Australians harmed by an $800k spending limit. Ridiculous.