Tag Archives: Democrat fundraising

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Despite Pledge, Biden Accepting Money from Lobbyists

$200,000

Joe Biden entered the Democratic primary promising “from day one” to reject campaign cash from lobbyists, the AP reports. “Yet hours after his April campaign kickoff, the former vice president went to a fundraiser at the home of a lobbying executive. And in the months since, he’s done it again and again. … It’s difficult to quantify how much Biden has raised from the multibillion-dollar influence industry, but the roughly $200,000 he accepted from employees of major lobbying firms is far more than any of his rivals has received.”

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Harris Bags $1 Million at Vacation Fuundraisers

$1 million

“Sen. Kamala Harris raised over $1 million through several campaign fundraisers in the wealthy enclaves of the Hamptons on Long Island and Martha’s Vineyard, Massachusetts,” CNBC reports. “Harris attended multiple events last weekend in the affluent vacation spots, including five in the Hamptons. The massive haul comes after she suffered a quick decline in national polls.”

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Harris Raises $1.5 Million in 24 Hours

$1.5 million

Sen. Kamala Harris’ presidential campaign raised $1.5 million in its first 24 hours from 38,000 donors, her campaign aides told Politico, “a massive haul for the first-term senator from California that tied Bernie Sanders’ one-day total from his 2016 presidential campaign.”

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DCCC Came Out of Midterms $18 Million in Debt

$18 million

The Democratic Congressional Campaign Committee is $18 million in debt from this year’s midterms, NBC News reports. “It’s common for campaigns and party committees to finish election cycles in the hole as they throw everything they have — and then some — at an election, but the $18 million will have to be made up through fundraising before the new chairman can start building a warchest for the next election cycle.”

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Wall Street Backing Dems in Midterms

$56.8 million

“There’s still a week to go before the midterm elections, but Wall Street has already voted — with its campaign contributions,” CBS News reports. “The securities and finance industry has backed Democratic congressional candidates 63% to 37%… Democratic candidates and political action committees have received $56.8 million, compared to Republicans’ $33.4 million.”

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Bloomberg Gives Dems Another $10 Million

$10 million

Billionaire and former New York City Mayor Michael Bloomberg is giving an additional $10 million to support Democratic candidates in the midterm elections, bringing his total spending in the midterms to $110 million, CBS News reports. Bloomberg donated the money to his super PAC, Independence USA.

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Dem Candidates Have Raised Over $1 Billion

$1.06 billion

“Democratic candidates running for Congress this year collectively raised more than $1?billion for their campaigns — a record-shattering sum that highlights the party’s zeal to retake the House and Senate and underscores the enormous amount of money flowing into the midterm races,” the Washington Post reports. “The $1.06?billion raised through the end of September surpasses the nearly $900?million collected by Republican candidates for Congress in 2012 — previously the largest haul registered by a single party by this point in the election cycle.”

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Democrats Out-Raising Republicans by Multiples

92

“House Democrats aren’t just beating Republicans at the fundraising game—they’re annihilating them,” the National Journal reports.“Ninety-two Republican incumbents were outraised by a challenger in the third quarter of 2018, a sharp increase from the 56 outraised in the second quarter. And that topline doesn’t even fully capture the scope of Democrats’ cash advantage. More than 50 of those members were outraised at least 2-to-1 and 31 were outraised 3-to-1 or more.”

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Democrat Governors Raise $100 Million

$100 million

“The Democratic Governors Association will announce today that it raised more than $100 million for the 2018 midterm cycle, with $22.2 million of it coming in September — the largest haul ever for an organization that sometimes struggles for attention during battles for the House and Senate,” the Washington Post reports.

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Democrats Spending Big on Underdog Candidates

$1 billion

Associated Press: “The November midterms are on pace to shatter records for political spending. While more than $1 billion raised so far nationally is helping finance battlegrounds that are poised to decide control of Congress, restless donors aren’t stopping there — they’re also putting cash into races and places they never have before to help underdog Democrats.”