They also transfer large amounts of cash to so-called “surplus accounts” that could be used in a future campaign.
But with districts so predictably Democratic or Republican, it’s increasingly unlikely an incumbent will use up the money collected and need to tap those surplus funds. Those accounts become little more than slush funds with relatively few restrictions, providing money for certain things they might want to do or places they want to go after they win or after they retire.
After siphoning off money to the slush fund, however, candidates still collect new money for the current campaign.
There’s no way to change district boundaries for the next 10 years, so if Washington voters want competitive races, they’ll have to do something about campaign financing. Here are a few ideas:
- Allow challengers to raise money as soon as they announce, but don’t allow contributions to incumbents until filing week is over. If a candidate is running unopposed, lower the contribution limit in the primary, with no second contribution for the general election. If an incumbent’s party has won the seat for the past 10 years and they draw an opponent from another party, cut the maximum in half, to $500, before the primary.
- If a candidate collects more than 60 percent of the vote in the primary, cut the contribution limit in half, and raise the limit for the second-place finisher by 50 percent for the general election. If the challenger is closer than 20 percentage points in the primary, the $1,000 limit should apply to both candidates for the general.
- If a candidate transfers money to their surplus account, bar them from collecting new contributions for a campaign. That would likely mean that they’d wait until after the election to transfer the money out, so a rule should bar them from raising any money for the next election until they’ve moved all surplus money into the next campaign’s fund and spent it.
- If they decide not to run for another election, an excise tax should take half of the money in the surplus account and put it in the state General Fund.
This won’t solve all the problems with the state’s campaign financing system or make every race competitive. But they could start the conversation. Maybe it’s time to stop treating campaign financing like the weather, something that everybody complains about but nobody does anything about.