I expect it's better to contact your member of Congress to request a budget increase for the LoC. According to Wikipedia, the LoC has only a $6-$8 million/year budget for digitization.
I'm not. I think the LoC is a single point of failure for curation. No single institution is going to preserve everything, so having multiple institutions, public and private, is far better than relying on a single public institution to get things right.