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Defying the Odds

Defying the Odds
New book about the 2016 election.

Monday, October 22, 2018

Cash On Hand

In Defying the Odds, we discuss congressional elections as well as the presidential race.  Campaign finance is a big part of the story.

Kenneth P. Vogel and Rachel Shorey at NYT:
Republicans entered the final month of the campaign with more money in the bank than the Democrats, providing them with vital ammunition as they wage a furious effort to hold on to control of Congress.
The most recent round of campaign finance disclosures, filed Saturday, showed that Republican national party committees, candidates in key House and Senate races and their top unlimited-money outside groups, or “super PACs,” had $337 million on hand as of Sept. 30. Their Democratic counterparts had $285 million in the bank on the same date.
It was a rare bright spot for Republicans in a fund-raising picture otherwise dominated by Democrats on the strength of their breakneck small-donor fund-raising by candidates in key congressional races.
By contrast, Republicans owe their cash-on-hand advantage to brisk major-donor fund-raising, and a slower pace of spending, by their party committees and super PACs.