Map Compares Republican and Democrat Fundraising in Critical Senate Races
Summary
In the third quarter before the November 3 midterm elections, Democratic Senate candidates raised more money than most Republican candidates in key races. However, Republicans made up some of the difference through large spending on ads and outside donations from groups linked to President Donald Trump and businessman Elon Musk.Key Facts
- Democrats raised more money than Republicans in most competitive Senate races in the third quarter of 2024.
- Texas Democrat James Talarico raised $64 million, the highest ever for a Senate candidate in one quarter.
- Republicans outspent Democrats by $188 million on TV ads in battleground Senate races.
- Outside groups like the GOP Senate Leadership PAC, MAGA Inc., and Elon Musk contributed large sums to support Republicans.
- In key states such as Alaska, Georgia, Iowa, and North Carolina, Democrats outraised Republicans.
- Only in Minnesota did a Republican candidate raise more than a Democrat.
- Experts say having more money helps candidates control their message but does not guarantee election wins.
- Elon Musk has spent over $276 million supporting Republican groups since July 2024.
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