Outside groups are on track for record federal spending in what OpenSecrets has projected will be the most expensive midterm election ever.
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October 6, 2022
Outside spending on federal 2022 midterm elections tops $1 billion
Outside spending on 2022 federal midterm elections topped $1 billion, surpassing the nearly $701.8 million spent by outside groups through Oct. 4 during the 2018 midterms.
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Black women and Latina candidates entered 2022 general election with less cash on hand than other federal candidates
Incumbent women and candidates of color face tougher competition in the 2022 general election than their white, male colleagues seeking reelection.
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Pro-DeSantis hybrid PAC to file lawsuit challenging unfavorable FEC ruling
Ready for Ron plans to file a lawsuit challenging the FEC’s decision to restrict its ability to share supporter information with Florida Gov. Ron DeSantis ahead of his rumored 2024 presidential run.
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OpenSecrets in the News
See our media citations from outlets around the nation this week:
** DeSantis committees have raised over $100M. A national GOP group is giving him more. (Tampa Bay Times) ([link removed])
Sheila Krumholz, executive director of OpenSecrets, which tracks money in politics, said that donors to groups like the Republican Governors Association could be motivated both by the possibility of establishing a relationship with DeSantis now — and their belief that a successful DeSantis presidential bid down the line would benefit governors in the future.
** Billionaires account for $1 of every $10 raised this election. These 11 anted up the most. (USA Today) ([link removed])
A USA TODAY analysis found billionaires contributed nearly $675 million so far this election cycle – with almost all of that coming from the top 50 mega-rich givers, according to data tracked by OpenSecrets.
** By The Numbers: Following The Money In High Court Races (Law360) ([link removed])
"While we can't say what we'll end up with at the end of the year, typically at this point we'll expect our number to more or less double for judicial candidates as a group," said Pete Quist, deputy research director at OpenSecrets.
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