Cuomo's campaign finance reform plan endorsed

PHOTO: Karen DeWitt

A new bi partisan coalition of former elected officials,  business and civic leaders, is endorsing Governor Andrew Cuomo’s plan for campaign finance reform.

The group includes wealthy civic leaders including David Rockefeller, Jonathan Soros, the son of George Soros, and Frederick A.O. Schwartz, who is now with NYU’s Brennan Center as well as former elected officials of both major parties.  Former congressman Chris Murphy says it’s simply wrong that the state’s contribution limits are at  $60,000, 12 times above the amount permitted for the presidential race.  And he says donations to party housekeeping accounts is unlimited.

“This system right now is built for the big donor,” Murphy said. “It’s not built for the average donor.”

Murphy compares the battle for a level campaign playing field open to all challengers to the recent Grammy wins by singer Adele. He says she was not supported by big money recording studios- and got her start on You Tube.