Contact Us

Big Money Did Not Lead to Big Wins This Election

Political finance
Ingram

In the recent election, millionaires like Donald Trump and Jeffery Katzenberg tried to grease the political wheels with their contributions toward “super PACs,” which can accept and spend huge amounts of money on political races. However, only three out of 10 of the most expensive Senate races were successful in placing a well-greased candidate into position, according to recent campaign data.

Candidates backed with outside money during this election did not necessarily have the upper hand. Out of the 46 races backed by more than $2 million, candidates supported by outside money lost 21 times and won just 16, with nine still pending. In the Florida Senate race, Republican Connie Mack outspent incumbent Democrat Bill Nelson by over $4 million. Mack lost the race despite his deep-pocketed donors. The same thing happened in Illinois: outside groups spent $5 million trying to get Joe Walsh elected, versus the $500,000 his opponent, Tammy Duckworth, received. In the end, Duckworth won the race without breaking much of a sweat.

Representatives from the Campaign Finance Institute say that the outside money was only important up until a certain point. “Once you have substantial amounts of money on both sides and both candidates are well known in their districts,” said a spokesperson for CFI, “then the incremental effect of more money goes down.”

[ABC News]

More from WFNT

Best of the Web

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wfnt.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on Flint's News Talk quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Please solve this simple math problem to prove that you are a real person.

Register on Flint's News Talk quickly by logging in with your Facebook account. It's just as secure, and no password to remember!