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.