The problem with this is you have to win the presidential primary for a major party, which is almost as expensive as the general election. It’s no wonder why no one uses it, the only people eligible for this grant automatically don’t need it.
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There is actually a grant system for campaign finance. It’s anemic as all hell, and so restrictive that it’s never used, but it exists.
At least for presidential elections.
https://www.fec.gov/help-candidates-and-committees/understanding-public-funding-presidential-elections/receiving-public-funding-grant-for-general-election/
The problem with this is you have to win the presidential primary for a major party, which is almost as expensive as the general election. It’s no wonder why no one uses it, the only people eligible for this grant automatically don’t need it.