State Comptroller Tom DiNapoli, a staunch supporter of public financing of campaigns, seems pleased with Gov. Andrew Cuomo’s public financing proposal.
At a breakfast with reporters Tuesday morning DiNapoli reiterated his stance that if the state wants to start with public financing, it can do so with in the comptroller’s race. As for the cost, he sided with estimates made by good government groups.
“The advocates’ numbers are much more realistic numbers than the critics that have greatly inflated the number,” the comptroller said. “The challenge with the number is how broad will the financing system go? And how will it be funded?”
DiNapoli said opponents sometimes use figures that assume every race involves multiple candidates, but more accurate cost estimates reflect that not all races do and some involve only one. The comptroller’s proposed legislation puts an emphasis on smaller donor amounts and would provide for matching contributions for candidates who agree to cap campaign expenses and participate in public debates.