What is meant by campaign finance reform? 🔊
Campaign finance reform refers to efforts to regulate the funding of political campaigns, aiming to reduce the influence of money in politics. These reforms seek to create a level playing field for candidates, ensuring that electoral outcomes reflect voter preferences rather than the financial capabilities of candidates or donors. Key components may include limits on contributions, enhanced transparency requirements for donors, and public financing options. Effective campaign finance reform can help address concerns about corruption, enhance democratic participation, and restore public confidence in electoral processes.
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