Huffington Magazine Issue 72 | Page 48

SCOTT J. FERRELL/CONGRESSIONAL QUARTERLY CRACKING THE CODE only after he raised contributions of $100 or less from 1,000 firsttime donors in his district — a goal that he ultimately achieved. The arrangement provided the large pool of money needed to run a successful campaign. But it also offered something more: an incentive to reach out to new small donors, the ones who usually get ignored come election season. The experiment was invigorating, Sarbanes said. It freed him from the tedium of calling the same wealthy donors he dialed every year asking for maximum contributions. It also allowed him to talk to more of his constituents. He used those conversations, along with discussions with reformers and organizations both inside and outside Washington, to craft what he calls “a meaningful bill to reform the way we fund campaigns.” Sarbanes introduced the proposed Grassroots Democracy Act earlier this year in the House of Representatives. After months of negotiations, it is poised to become the basis of a new piece of legislation around which Democrats will organize support for congressional campaign finance reform over the next few years. Sarbanes’ original bill would match every $1 in donations of $100 or less with $5 in public matching funds and provide a $50 HUFFINGTON 10.27.13 “IF YOU WERE TRYING TO BECOME A RANKING MEMBER OR, IF YOU’RE IN THE MAJORITY, THE COMMITTEE CHAIR, IF YOU DON’T RAISE TONS OF MONEY FOR THE PARTY YOU’VE GOT NO CHANCE.” House Budget and House Ways and Means Committees member John Yarmuth (D-Ky.) is one lawmaker leading campaign finance reform.