Is NYC's Campaign Finance Program Imperiled?

Law360, New York (July 14, 2011, 7:49 PM EDT) -- Imagine in a race for mayor of New York that a wealthy candidate, but heretofore private citizen, believes she needs to spend more than her incumbent or well-known opponent to introduce herself and her ideas to the electorate. Now imagine that this candidate reconsiders her decision to enter the race simply because the exercise of her free speech rights, namely expenditures of her own money to run for public office, will automatically enrich her opponents with substantial additional public funds to counter her speech.

Unfortunately, it...
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