Both Parties See Huge Donations for Crucial Midterm Elections
Both Parties See Huge Donations for Crucial Midterm Elections

Both Parties , See Huge Donations , for Crucial Midterm Elections.

'The New York Times' reports that Democratic and Republican committees have each raised about $400 million in 2021.

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According to new Federal Election Commission campaign disclosures, the 2022 midterm elections saw huge contributions before the year even began.

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The upcoming midterms come at a pivotal time as the Senate is divided 50-50, and Democrats cling to a narrow majority in the House.

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The upcoming midterms come at a pivotal time as the Senate is divided 50-50, and Democrats cling to a narrow majority in the House.

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Former football player Herschel Walker was one of the strongest new Republican fund-raisers, bringing in $5.4 million.

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Former football player Herschel Walker was one of the strongest new Republican fund-raisers, bringing in $5.4 million.

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Democratic Georgia Senator Raphael Warnock was the top 2022 Senate fund-raiser, collecting $9.8 million in the fourth quarter.

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Democratic Georgia Senator Raphael Warnock was the top 2022 Senate fund-raiser, collecting $9.8 million in the fourth quarter.

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Republican Florida Senator Marco Rubio raised $5.2 million, while his expected Democratic opponent, Val Demings, raised $7.2 million.

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Republican Florida Senator Marco Rubio raised $5.2 million, while his expected Democratic opponent, Val Demings, raised $7.2 million.

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The 'NYT' reports that while individual candidates have contribution limits, there is no limit on what the ultrarich can donate to campaigns through super PACs.

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The 'NYT' reports that while individual candidates have contribution limits, there is no limit on what the ultrarich can donate to campaigns through super PACs.

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The leading House Republican super PAC raised $110 million, compared to the Democratic PAC which raised only $55 million.

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Donors to the House Democratic super PAC reportedly included media executive Fred Eychaner and LinkedIn co-founder Reid Hoffman.

Donors to the House Democratic super PAC reportedly included media executive Fred Eychaner and LinkedIn co-founder Reid Hoffman.

Top House Republican super PAC donors included insurance magnate Patrick G.

Ryan and hedge fund manager Ken Griffin.

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Top House Republican super PAC donors included insurance magnate Patrick G.

Ryan and hedge fund manager Ken Griffin.