The Supreme Court of the United States has just declared that public financed funding is kaput:
The Supreme Court has ruled taxpayer-funded campaign systems in which state governments compensate outspent candidates with more government funding unconstitutional. CNN reports, “A conservative 5-4 majority of justices on Monday said the law violated free speech, concluding the state was impermissibly trying to ‘level the playing field’ through a public finance system.”
Chief Justice John Roberts delivered the court’s opinion, while Justice Elena Kagan wrote a dissent in which Justices Ruth Bader Ginsburg, Stephen Breyer, and Sonia Sotomayor joined. The cases were McComish v. Bennett (10-239) and Arizona Free Enterprise Club’s Freedom Club PAC v. Bennett (10-238).
I’ve never been a fan of the checkbox at the top of the 1040 form "wanna donate $3 for public campaign funds?"; the answer is no – if you can’t raise the funds, you’ve lost the first round in the arena of ideas or trust (either your ideas are shaky or people believe that you are too shaky to actually get elected or carry out your ideas if you are elected). To boot, the idea that the Government had the right to limit my free speech (via my contributions to my favorite candidates) just to "level the playing field" is just plain wrong. In effect, it is artificially removing the difference between a viable candidate (who is doing well on their own) and one of those shaky candidates; it may well be altering the outcome of a race that should not be touched.
Besides, why would I want to see MY money be given to a candidate that posses stance totally contradictory to mine?