The Clean Elections Act would establish a new public financing system for federal elections allowing eligible voters to direct "democracy dollars" vouchers to participating candidates for Congress and President. Starting in 2030, voters would receive $100 per election cycle to contribute to candidates of their choice in $10 increments through a set window ending 10 days before Election Day. Participating candidates must meet contribution thresholds ranging from $50,000 to $1,000,000 depending on the office, agree to accept individual donations capped at declining limits ($1,000 down to $200), and limit their personal spending to $2,500 per election. The Federal Election Commission would distribute democracy dollars to candidate accounts within five business days, and the bill provides open-ended appropriations for the program while eliminating the existing presidential public financing system. The changes would take effect for federal elections after December 31, 2028.