More Campaigns Raise Big Money
Posted in Main Blog (All Posts) on December 16th, 2008 5:42 am by HL
More Campaigns Raise Big Money
USA Today: “Nearly half of the nation’s House and Senate candidates raised $1 million or more in contributions for the 2008 election, about two-thirds more than a decade ago.”
Key findings:
- Fifty-five Senate candidates and 364 House candidates toppled the $1 million mark, up 63% from 1998 and 8% from last year.
- The median cost of a congressional campaign increased from under $690,000 in 1998 to just over $1 million in 2008.
- Democrats, who added 21 House and seven Senate seats to their majorities, raised 27% more campaign money than Republicans in the 2008 election cycle.
