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NY-23: 86 Percent of Owens’ Contributions From Outside District

Here’s a follow up to my post yesterday on NY-23 Conservative Party candidate Doug Hoffman’s outside-of-the-district fundraising, which came in at a remarkable

Jul 31, 2020
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Here’s a follow up to my post yesterday on NY-23 Conservative Party candidate Doug Hoffman’s outside-of-the-district fundraising, which came in at a remarkable 95 percent. Today I crunched the Federal Election Commission numbersfor Democratic candidate Bill Owens. Nearly 86 percent of his contributions came from outside the 23rd Congressional District in upstate New York. Only $121,596 of $843,441 actually came from potential constituents. That money flowed in from 21 states, compared to Hoffman’s 35 states.
Owens’ biggest single donor was the Democratic Congressional Campaign Committee, which contributed a total of $92,416 to his campaign — about 11 percent of the total. It’s a hefty sum, but not particularly surprising considering the source. As I pointed out yesterday,Hoffman received more than one-third of his campaign funds ($265,341) from his single largest donor, the Washington-based Club of Growth, which chipped in $83,260. That an independent advocacy group could almost match a national party’s fund is impressive, but could it work as a national strategy? 2010 is just around the corner.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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