Tag: campaign finance

Trump Hoarded $94 Million While His MAGA Candidates Lost

Buck Banks

$94 million

“Donald Trump hoarded $94 million this election in his various political committees as his anointed candidates lost the Senate for Republicans in tight races where that money might have made the difference between winning and losing,” the HuffPost reports. Said one Trump adviser: “We didn’t lose because of Trump’s rhetoric. We lost because Trump is cheap. He left them all hanging dry …. It gave a free shot for all the right-wing pundits to turn on him.”

Dem PAC Pours $20 Million Into State Races

Buck Banks

$20 million

“With the battle for state legislatures taking on an elevated importance during this midterm cycle, a Democratic super PAC is investing more than $20 million in state legislative races, with about 70 percent of the funds going to support candidates in 25 districts across Michigan, Pennsylvania and Arizona,” the New York Times reports. “The investment is from Forward Majority, the super PAC, as Democrats across the country are pouring significant resources into state legislative races.”

Trump Already Raising Money for Re-Election

Buck Banks

$13.2 million

President Trump’s reelection campaign “is off to a quick start, pulling in $13.2 million through a trio of committees in the first three months of the year, while paying an unusually large staff of about 20 employees,” Politico reports. “The FEC reports for the three Trump committees suggested that much of their fundraising bounty came from the sale of branded merchandise sold around Trump’s inauguration and early presidency.”

Georgia Race Ad Buy Over $14 Million

Buck Banks

$14 million

Atlanta Journal Constitution: “Candidates and outside groups have spent nearly $14 million on an unending ad blitz in the race to replace Rep. Tom Price’s suburban Atlanta seat, and that tally that will surely grow in the final days before Tuesday’s nationally-watched vote. … An analysis of the advertising obtained by the AJC shows the biggest spender by far is Democrat Jon Ossoff, a former Congressional aide who is eyeing a historic upset in next week’s vote.”

Trump Gives $10 Million to His Campaign

Buck Banks

$10 million

“Donald Trump, seeking to boost momentum in the last days of the presidential election, wired $10 million of his own money into his presidential campaign Friday morning,” the Wall Street Journal reports. “The cash infusion will be used to buy $25 million in new TV advertising in key battleground states. … Mr. Trump’s latest donation to his cause still falls $34 million short of the $100 million he has repeatedly said he will give to his campaign—a pledge he reiterated as recently as Wednesday.”

Adelson Goes All-In For Trump

Buck Banks

$45 million

Amount conservative mega-donor Sheldon Adelson and his wife, Miriam, have committed so far to Donald Trump’s presidential campaign and down-ballot Republicans’ attempt to control Congress, CNN reports. “The spending amounts to a historic investment in the Republican Party ticket’s hopes for November, putting millions of dollars behind Trump’s bid in a groundbreaking donation that could redefine the final two months of the 2016 campaign.”

Early Haters Now Support Trump

Buck Banks

500

Number of wealthy Republicans who “poured close to $16 million into the Republican National Committee’s convention account leading up to this week, according to disclosures made to the Federal Election Commission through last Friday. The biggest donors, giving more than $100,000 each, are also a veritable roll call of the stop-Trump movement, among them the billionaire investor Paul E. Singer and Marlene Ricketts, who bankrolled early efforts to deny Mr. Trump the nomination,” reports the New York Times.