Clean Elections Act

The Clean Elections Act establishes a "Democracy Dollars" program that provides $100 in federal vouchers to eligible U.S. citizens aged 18 and older for use in federal elections starting after December 31, 2028. To receive these funds, candidates must agree to accept only small individual contributions, which the bill gradually reduces from $1,000 per donor down to $200 by 2037, and limit their own personal spending to $2,500 per election. The program is administered by the Federal Election Commission, which will distribute the vouchers, monitor compliance through random audits, and adjust voucher values over time based on inflation and campaign spending trends. Additionally, the bill repeals the existing public financing system for presidential elections, transferring any remaining funds in the Presidential Election Campaign Fund to the general Treasury.