Rep. Eric Cantor is on the leading edge of implementing new social media tools to politics and governing. The latest: YouCut. Rep. Eric Cantor’s new YouCut project targets the presidential public funding matching program, among others. YouCut is a kind of crowdsourcing, allowing users to vote, online and on by cell phone, on spending cuts. According to YouCut’s website description of the public financing program:
This federal program provides matching funds to political candidates during Presidential primaries, certain third-party candidates, and funds for political conventions. In the 2008 presidential election, the candidates raised over $1.3 billion from individuals and PACs, do they really need to supplement that with taxpayer money? This proposal has been estimated to save $260 million over five years.