I use this system every election cycle and I quite like it. It doesn't force the city to pay out to candidates we're not interested in, since no voters would send their vouchers to a campaign they don't care about. It does seem to open up a pathway to participation for a class of candidates that otherwise wouldn't have access to funding
Some researchers found that public financing expanded the pool of candidates running for office. A 2022 study of Seattle’s program, which gives each registered voter four $25 vouchers to contribute to the campaign of their choice, concluded that the program boosted the number of candidates by 86%. Another study of Arizona and Maine’s programs found that they “significantly increased competition.”
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