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The City Council is expected to approve a measure that doubles the amount of campaign matching funds for the 2005 Mayoral race, and naturally, Mayor Bloomberg is peeved. The new amount would be $7.2 million, and was pushed by City Council Speaker Gifford Miller, who is one of the frontrunners to run against the Mayor next year. Mayor Bloomberg, who spent a record $75 million of his own money for his 2001 campaign, says the increase isn't a good use of taxpayers' money. While Gothamist is no fan of wasting our tax money, we can understand this measure - the race needs to be equalized some how and other candidates need to have their voices heard. It would be a shame if New Yorkers only heard from the candidates with bottomless pockets.
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please then gothamist, shell out the additonal millions of $ to fund this out of you own pocket. when the city needs all the money it can get for things like schools and mass transit, you think it's appropriate for someone to authorize the spending of public millions on his own personal ambitions of grander office?
Valid point, but let's face it - is it better to turn political office into something only rich people can attain to? I actually like a lot of what the Mayor is trying to do (whether or not it's been successful is another issue) but it's possible that someone else who doesn't have the same kind of campaign warchest has more innovative or effective ways of affecting change to institutions that need it.
I agree... it is a ttoal waste of taxpayers money to raise the contribution cap. I think what they should do is keep the old cap and not allow people to spend more than that.
what BytchInNY said!