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Constitutional Amendment for the Public Financing of Federal Elections
Section 1. All elections for President and members of the United States House of Representatives and the United States Senate shall be publicly financed. No political contributions shall be permitted to any federal candidate, from any other source, including the candidate. No political expenditures shall be permitted in support of any federal candidate, or in opposition to any federal candidate, from any other source, including the candidate. Nothing in this Section shall be construed to abridge the freedom of the press

Section 2. The Congress shall, by statute, provide limitations on the amounts and timing of the expenditures of such public funds and provide criminal penalties for any violation of this section

Section 3. The Congress shall have the power to enforce this article by appropriate legislation

Section 4. This article shall be inoperative unless it is ratified as an amendment to the Constitution by conventions in the several States, as provided in the Constitution