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Big money flows into the fight for the US Senate in 2018



The Senate race for large sums of money increases

Groups agree with Senate Majority Leader Mitch McConnell (1963) R-Ky.) Collectively raised $ 22.9 million in the second quarter of 2018 and made $ 44 million in cash in the third quarter, as evidenced by Group and Federal Election Commission figures on Friday night.] One of the McConnell-oriented Organizations, One Nation, will launch a $ 16 million ad flash in August, according to the group, targeting five states responsible for maintaining the Republican majority in the Sena t are crucial.

On the Democratic Super-PAC side, Senate Democrats is working on election-winning strong fundraising numbers from the first quarter and continued to show financial strength. The group does not publish the fundraising figures of affiliated nonprofit organizations that are not publicly disclosed.

The Super PAC, Senate Majority PAC, had about $ 13 million more in the bank by the end of June than its GOP counterpart, the Senate Leadership Fund, shows FEC records. The Senate Majority PAC had $ 32.7 million in available cash, and the Senate Leadership Fund alone had $ 19.5 million, as the FEC applications show.

"As the battlefield map narrows, Senate Democrats continue to have the momentum of this cycle," said JB Poersch, president of the Senate Majority PAC.

[ Meet the wealthy financiers who are throwing millions into the world Elections of 2018 ]

The big Democratic Super-PAC Priorities United States Action collected $ 2.8 million in June and had 9 , $ 3 million in available cash. Of this $ 2.8 million, $ 2 million came from billionaire investor and liberal donor George Soros. According to a Washington Post analysis, Soros contributed at least $ 9.2 million to external groups in 2018.

Major contributors to the Republican Super-PAC included Blackstone Group Chief Executive and Co-Founder Stephen Schwarzman, who provided $ 5 million to the Senate Leadership Fund. The New York investor has proven to be a major financier to President Trump since his election. The only major corporate donation for the Super PAC came from Conoco Phillips, which gave $ 1 million.

McConnell-led groups announced $ 16 million worth of ad treasury bills target Democratic incumbents in Missouri, Indiana, and North Dakota; fight for the place in Tennessee vacated by Bob Corker (R); and defend one of the most vulnerable Senate Republicans this year: Dean Heller in Nevada.

"Leader McConnell has proven to be an invaluable asset in reaffirming to the Supreme Court of our country for the coming decades another constitutional conservative." Steven Law, president of the McConnell-aligned Senate Leadership Fund, said in a statement Statement. "The donors recognize this and have sharpened their focus on the importance of the Republican Party in November of the Senate."

The Republican National Committee continued its strong fundraising figures in June, bringing its nearly $ 14 million from its Democrats compared to nearly $ 8 million

So far, this RNC has raised nearly twice as much money as the Democratic National Committee and has nearly six times the available cash as a DNC. The RNC has raised $ 201.7 million this cycle and the DNC has raised $ 105.8 million. The RNC reported $ 50.7 million in cash at the end of June and the DNC reported $ 9 million in debt of $ 6.3 million.

[ RNC Enters Double DNC Monthly Donate Collection in Summer 2018

The RNC announced that it spent $ 369,000 on Trump's real estate, most of it at Trump National Doral Miami, giving the total value of the Trump real estate has reached $ 1.5 million since November 2016.


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