Portland Mayoral candidate Jefferson Smith has announced self-imposed limits for campaign spending. Smith and his rival Charlie Hales had discussed a plan for mutual limits, but went their separate ways.
Smith says he’ll accept no contributions in excess of $1000. And he’ll take no contributions at all from corporations. Smith is promising to spend no more than $500,000 unless Hales and independent groups exceed that limit. And finally, Smith’s campaign will post all contributions within three business days.
Smith says the plan was influenced by comments of supporters over the past few weeks.
“The feedback we got was a little bit motivated by fear. Like, ‘Yeah, we believe in campaign finance reform, but we’re really worried that, Jeff, you’re going to get hosed’. “
Overall, Smith says he tried to craft a plan that addressed individual donations as well as the possibility of independent expenditures becoming a factor later in the race. He says he feels the latter may be a bigger factor in the race than individual giving.
Back in June, Hales was first to announce a self-imposed limit, holding contributions down to $600 per person. He adopted no overall spending cap.