Political donations sank as coronavirus pandemic peaked
Political fundraising took an intense dip as the coronavirus pandemic ravaged the nation in mid-March and early April, according to OpenSecrets’ analysis of campaign contributions.
The pandemic forced the leading presidential candidates to cancel in-person fundraisers that would have netted their campaigns millions. High-profile congressional candidates paused their fundraising activities to assist relief efforts. And the virus’ economic damage that forced 40 million to file for unemployment may have prompted potential donors to save their money.
The 2020 election is still on track to be the most expensive ever.
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