Durbin, Alec Baldwin: Pushing plan to cut big money out of campaigns

below, from Durbin….

ALEC BALDWIN, SENATOR DURBIN AND REP. LARSON TO HOLD PRESS CONFERENCE ON CAMPAIGN FINANCE REFORM TOMORROW

Durbin and Larson to Introduce the Fair Elections Now Act

[WASHINGTON, D.C.] – Assistant Senate Majority Leader Dick Durbin (D-IL), House Democratic Conference Chairman John Larson (D-CT), and Alec Baldwin will hold a press conference tomorrow, Wednesday, April 6, at 11:15am ET to unveil the Fair Elections Now Act – a bill that will dramatically change the way we finance Congressional elections. Under the new law, qualified, legitimate candidates will receive grants, matching funds, and television vouchers to run competitive campaigns based on small dollar donors, not special interest money from lobbyists and corporations.

The Fair Elections Now Act would create a voluntary system that gives congressional candidates the option to stop relying on huge sums of money from corporations and special interests lobbyists, giving them an incentive to raise small donations from their constituents and spend more time working on the people’s business. Candidates who participate in the Fair Elections process would agree to limit their campaign fundraising to the amounts raised from small dollar donors plus matching contributions from the Fair Elections Fund.

Who: Assistant Senate Majority Leader Dick Durbin (D-IL)

House Democratic Conference Chairman John Larson (D-CT)

Alec Baldwin

What: Press Conference to Announce Introduction of the

Fair Elections Now Act

When: Wednesday, April 6, 2011

11:15 am ET

Where: S-120

The Capitol

Washington, D.C.