KUNM

Jennie Weston

Marisa Demarco / KUNM

Public financing—where candidates can use public money to run their campaigns instead of bowing to high-dollar donors—has existed in New Mexico for years. But these days, even smaller races cost more than what’s allotted to candidates. One possible solution was Democracy Dollars, coupons distributed to eligible voters, who could donate them to the publicly financed candidates of their choice. The proposal failed by a small percentage when the votes were tallied Tuesday night.