Politico, ‘We’ve never seen anything like this’: GOP overwhelmed by Democratic cash: The gush of spending in House races has triggered recriminations on the right as the party tries to salvage its majority:
A deluge of Democratic spending in the final days of the battle for the House has triggered recriminations among Republicans and forced the party to lean on its biggest patron to salvage their majority.
Since the end of July, Republican candidates in the 70 most contested races have reserved $60 million in TV ads, compared to $109 million for Democratic hopefuls, according to figures compiled by media trackers and reviewed by POLITICO. The disparity is almost certain to grow, as former New York City Mayor Michael Bloomberg makes good on plans to spend nearly $80 million to help Democrats flip the House.
“From Democrat candidates to outside groups, we’ve never seen anything like this before,” said Brian Walsh, president of the pro-Trump America First Action super PAC. “They are dumping in cash by the truckload.”
Cruz previously told reporters that he raised $12 million in the final quarter before the election — one of the best fundraising performances of 2018. But O’Rourke’s fundraising, fueled by online donations, still tripled the Republican incumbent’s.
The River of Cash and its Main Tributaries
One, obviously, is donations from progressives—often, lots of small donations, amounting to big money.
The second source of the disparity, I believe, is this: lots of well-to-do country club Republicans appalled by the shenanigans and shit show that their party has come to embrace.
Thirdly, big business, recognizing that the moderate progressives are, long run, much better friends than the fanatical partisans of cultural recrimination.
And last, but far from least: big business buying them some Democrats.