Reformers Hope to Beef Up Public Financing

• By Matthew Murray
• Roll Call Staff
• Jan. 31, 2007, Midnight

With major presidential contenders expected to ditch the public financing system entirely for the first time in 2008, legislation was introduced in both chambers Tuesday that would dramatically increase matching funds and spending limits for participating candidates, a plan the proposals’ authors claim may revive an ailing — and increasing irrelevant — system.