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In Albuquerque, a city known for its annual balloon festival, voters rejected the trial ballon for publicly funded donation vouchers.

Two wins and a loss for those who would remake campaign finance rules

Voters in two Western cities have delivered a pair of small victories and one substantial loss to advocates for reducing the importance of big money in elections.

Albuquerque narrowly rejected a ballot measure Tuesday to start a system of publicly funded donation vouchers for supporting municipal candidates. The idea has been hailed as a breakthrough for promoting a broader base of interest in elections while diluting the power of corporate cash over campaigns, while critics say it's a totally wrong way to spend taxpayer money.

The voters of New Mexico's biggest city did, however, decide to expand an existing public financing system for mayoral candidates willing to limit their own spending. And the people of San Francisco voted to limit contributions to local candidates and require the people who buy advertising in city elections to disclose their identities.

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