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New York Used a New Public Campaign Financing Program in 2024. How Did It Work?

Summary by Sludge
💡Share this on Bluesky and XThe role of superwealthy donors in influencing elections, flooding the airwaves with ads and targeting voters with digital messages, can seem overwhelming. Billionaire donors are playing a huge role in contests for the White House: some 44% of all the funds raised to back Donald Trump’s 2024 run came from 10 individual megadonors, according to OpenSecrets. And the total cost of federal elections has been rising—only …

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Sludge broke the news in on Thursday, February 27, 2025.
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