Campaign Finance

By: Associated Press
By: Associated Press

The New York City Council wants to make it easier for the not-so-rich to run against wealthy candidates, like Mayor Michael Bloomberg.

The council voted overwhelmingly to override Bloomberg's veto of a bill that gives more public money to people who face rich candidates who can finance their campaigns, like Bloomberg, who spent $74 million of his own money to win election in 2001.

The bill also increases the total amount in public funds available to a candidate from nearly $4 million to more than $7 million.

If there are no lengthy legal battles, the legislation could become law in time for next November's mayoral election, when Bloomberg plans to seek a second term.


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