Public Funding Essay

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All federal elections should be publicly funded.

Public funding of federal elections means that qualified candidates receive federal government funds to pay for the valid expenses of their political campaigns in both the primary and general elections (Kolawole, 2008). Public funding are funds or resources provided by the State/Government for political parties and/or candidates ((“Parties and Candidates,” 2012). Provisions typically state that political parties and candidates should have an equitable access to public funds (“Parties and Candidates,” 2012). Oftentimes, the rules regarding public funding are not clearly stated in the law, and even if they are, there is a frequent, real or perceived, misuse of public resources by the incumbent
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Also, public funding can limit the influence of interested money and by this means, help curb corruption (“Parties and Candidates,” 2012). If political parties and candidates receive a substantial amount of their income from the State, they can easily be required to disclose their income and expenditure (“Parties and Candidates,” 2012). If their financial statements are made publicly available, voters will be able to decide which sources of funds are acceptable to them, and they will also have better opportunities to hold politicians accountable (“Parties and Candidates,” 2012).
The public purse this has the potential to limit the likelihood of them feeling the need to accept “interested money” from donors who want to influence their policies, rhetoric or voting behavior in the legislature (“Parties and Candidates,” 2012). With public funding, the State can encourage or demand changes and use public funds to level the playing field and encourage (or force) political parties to undertake reforms, hold internal elections or field a certain number of women candidates, youth or persons from an ethnic minority on their ballots(“Parties and Candidates,”
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