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This week in money-in-politics
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The 2020 Democratic primary is already the most expensive ever
With only a sprinkling of delegates pledged to presidential contenders, the 2020 Democratic primary is already the most expensive. Candidates vying for the Democratic nomination have spent more than $1.2 billion, more than they shelled out throughout 2008 or 2016.
Two billionaires, Michael Bloomberg and Tom Steyer, are driving the spending record by self-funding their campaigns at unprecedented levels. They account for more than half of the total spending by primary candidates. But even when excluding the two billionaires, the 2020 Democratic primary is still the most expensive of its kind at this point in the cycle.
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South Carolina donors give the greatest amount to Biden as Sanders cuts into the lead
Joe Biden is placing his bets on a state that is his stronghold, South Carolina, after placing a distant second in the Nevada caucuses and trailing in the New Hampshire and Iowa contests. Biden is receiving the largest amount of campaign cash from South Carolina donors compared with his Democratic presidential opponents.
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Who is funding the anti-Bernie Sanders super PAC?
Several outside groups are trying to slow the momentum of current Democratic presidential frontrunner Sen. Bernie Sanders’ (I-Vt.) by spending millions on ad buys, as he continues to dominate the polls. The campaign against Sanders originated with hybrid PAC Democratic Majority for Israel, a pro-Israel moderate group, that spent over $1.4 million against Sanders.
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‘Dark money’ trail leads to GOP meddling in North Carolina Democratic primary
Senate Republicans bankrolled a super PAC that spent millions attempting to take down Democrats’ preferred challenger to Sen. Thom Tillis (R-N.C.) in the North Carolina Democratic primary, new filings show.
The Republican super PAC meddling in the primary is one of the top recipients of “dark money” this cycle.
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