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A record amount of cash flooded into races in Georgia, which is a lot of money in California



The latest Federal Election Commission documents show that because early voting went well and both sides are expected to have very intense competitions, record-breaking funds continue to be injected into Georgia’s two Senate campaigns, including a large number of donors from California. cash.

Two Democratic candidates, Jon Ossoff and Pastor Raphael Warnock, have broken an all-time fundraising record in the past two months. Their Republican opposition, namely Senator David Perdue and Kelly Loeffler, are financially superior, thanks to the fact that organizations outside the Republican Party can raise large sums of money , And most of these funds are not subject to federal election laws.

Most of the external funding comes from unidentified donors.

Warnock̵

7;s documents show that in the two months from mid-October to mid-December, Warnock’s revenue just exceeded $103 million. Osov raised more funds-nearly $107 million. Perdue raised $68 million, and Loeffler raised $64 million.

All four candidates received most of the money from outside the state, with California donors contributing the most.

All four of them surpassed previous fundraising records for Senate candidates-Democrat Jaime Harrison defeated the current South Carolina Republican Senator Lindsey Graham in the third quarter of this year. US$57.9 million raised for the campaign. Of course, Harrison lost, which reminds us that more money does not guarantee victory.

But this did not destabilize donors, and cash led to a flood of TV advertising and saturated the airwaves in Georgia.

AdImpact, a company that tracks advertising spending, said that in this week alone, the state spent more than $87 million on TV, radio, and digital advertising. This is more than the cost of most Senate campaigns for a full year. AdImpact’s data shows that in these two games, a total of 365 million US dollars have been spent on advertising, and an additional 110 million US dollars have been booked.

The control of the Senate was the result of two games on the rides and was an important part of President Biden’s agenda with it. The Democrats who won in November won enough Senate seats for a total of 48 seats, including two independents from their caucus. If they win two seats in Georgia, the Senate will be divided equally, and Vice President Kamala Harris can break the tie and give Democrats control.

This prospect has driven a massive influx of donations, including huge donations to four political committees controlled by Senate Majority Leader Mitch McConnell (R-Ky.). These four groups have spent or booked more than $132 million in advertising to support Republican candidates. This expenditure gave Republicans an advantage in the advertising war.

Although the non-Democratic groups spend less than the Republicans, they still raise considerable funds. Fair Fight was founded by former Democratic governor candidate Stacey Abrams and reportedly raised $22 million, most of which went to voter votes. Two groups controlled by Charles E. Schumer, the Democratic leader of the New York State Senate, have spent or booked about $30 million in advertising.

The number of advertisements may have long surpassed the point of diminishing returns for candidates, but spending, especially money from outside groups, has brought surprises to television stations in Georgia and Florida, Alabama, Tennessee, and South Carolina. reward. Television stations in Gainesville and Tallahassee, Florida, Dothan, Alabama, Chattanooga, Tennessee, and Greenville, South Carolina have all reached a corner of Georgia, and they all tried to pass every voter. Attract a lot of advertising.

Federal law requires radio stations to sell advertising time to candidates at the lowest possible price, but regardless of the amount of traffic, radio stations can charge external parties, which means high premiums, especially for those that cover most voters in Georgia Atlanta market.

All four candidates in Georgia have enough cash on hand at the end of the two-month reporting period-from Perdue’s $16 million to Warnock’s $23 million-guaranteed in the last few days before the election ends on January 5 expenditure.

The two Democrats each raised about half of the money from small donations, each less than $200. The two Republicans received more money from larger donors.

The source of many external expenditures is still unknown and will continue to be affected until long after the voting ends. Due to the establishment of campaign finance rules, most external committees do not need to report their fundraising activities until the end of January, although they need to report expenditures. Some external groups have legal structures that can keep donors confidential forever.

Voters’ interest in the game continues to rise. As of Thursday night, 2,070,987 people had voted early, and both parties had a high turnout. Statistics show that so far, black voters have accounted for a larger share of the vote than the same percentage in the general election, which encouraged the Democratic Party. The sharp drop in turnout among black voters has hurt the state’s former voter Democratic Party.

Polls in Georgia showed that the Senate campaign was extremely intense, and the election in Georgia was one of the states that proved accurate in the presidential election.

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