Report:

With more than a year to go before voters cast their ballots for the next President of the United States, the race among candidates to build the biggest campaign war chest has al- ready set records.

The vast majority of the funds raised for the 2016 election have come from wealthy do- nors making contributions ex- ponentially larger than most Americans can afford, typically to super PACs and other orga- nizations that can legally ac- cept donations of any size.

This report examines how the 2016 presidential race would be reshaped by a public fi- nancing system that amplifies the voices of small donors in our elections.