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Divided We Stand

Divided We Stand
New book about the 2020 election.

Thursday, October 17, 2024

Money in 2024 Congressional Elections


Our most recent book is titled Divided We Stand: The 2020 Elections and American Politics.  Among other things, it discusses state and congressional elections.

Paul Kane, Theodoric Meyer, and Clara Ence Morse at WP:
Powered by small-dollar donors, Democrats have seized control of the fundraising game in the battle for the House and the Senate, leaving Republicans at a disadvantage — and increasingly reliant on a small clutch of mega-rich donors.

In 25 of the 26 most competitive House races, the Democratic candidate raised more than the Republican in the third quarter, including 16 races in which the Democrat raised at least double their GOP candidate, according to a Washington Post analysis of reports filed Tuesday to the Federal Election Commission.

In the Senate, Republican candidates trailed their opponent in all 11 of the most competitive races. In eight of those, the Democratic campaign more that doubled the financial haul of the GOP campaign, including three that tripled their margin.
...

Democrats have learned that massive fundraising does not guarantee victory. In 2020, three of their Senate candidates set fundraising records in Kentucky, Maine and South Carolina, about $300 million combined, and all three lost by big margins.

But GOP leaders have been concerned about their cash problems for several years. Rep. Richard Hudson (N.C.), chair of the National Republican Congressional Committee, has issued public and private warnings about the cash disadvantage for GOP candidates.

... 

To make up for this disparity, Republicans have relied on mega-rich donors who write seven- and eight-figure checks to the Congressional Leadership Fund, the House GOP super PAC, and the Senate Leadership Fund, the Senate GOP super PAC.