Conservative Groups Plan to Spend Close to $400 Million by November
From Friday, but still worth noting, is a rather comprehensive list compiled by the Think Progress blog of all the monetary pledges conservative groups have
Jul 31, 20208.8K Shares2.2M Views
From Friday, but still worth noting, is a rather comprehensive listcompiled by the Think Progress blog of all the monetary pledges conservative groups have made for spending in the upcoming November election:
“„
“„TOTAL: $399.2 million
Again, these numbers, while staggering, represent what these groups saythey will spend, rather than what they have or necessarily will end up doing. There’s an interesting irony here in that both the conservative groups in question and left-wing blogs like Think Progress have an interest in touting these numbers. The groups’ spokesmen brag about them as a means of signaling strength and popular momentum being on their side, while liberals view them as further evidence that conservative special interests are buying the election.
There’s clearly some merit to both claims, but a lot hinges upon the profile of the average individual donor. With caps on individual and corporate donations to independent political expenditures lifted by the Supreme Court, and no DISCLOSE Act to get a sense of most groups’ major donors, however, suspicions abound that wealthy individuals play an outsize role in funding a majority of these groups.
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.
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