(PresidentialWire.com)- Despite an expected loss in the November elections, House Democratic primaries are attracting record donations.
According to reports, super PACs and other nonprofit groups have given more than $53 million to House Democratic contests as of Monday. This is roughly double the amount spent on primaries in recent elections when just $30 million was spent in 2018 and 2020.
Left-leaning news outlets say the majority of expenditure appears to be concentrated in Democratic-controlled districts. This seems to suggest that the parties’ numerous ideological factions are vying for control of the party’s agenda in 2022.
Democratic pollster Mark Mellman believes there is more spending than ever seen before because the number of competitive districts has decreased substantially. The majority of members are now chosen in primaries, making primaries more crucial. In the House Primaries, nearly 26 million dollars has been spent on television ads. That is double what was spent in 2020.
Reports show industry lobbying groups and progressive organizations like the Working Families Party have all contributed. Protect Our Future, which is supported mainly by bitcoin millionaire Sam Bankman-Fried, has been one of the largest donors to date. According to the Federal Election Commission, the super PAC has spent more than $22 million on politicians in seven states.
Oregon’s 6th District was one of the most costly districts to date. Political action groups have spent over $13 million on the House Democratic primary. There are seven Republican candidates, but they only garnered $29,000 in outside donations, according to reports.
News reports show Carrick Flynn, a Democratic candidate who promises to use “effective altruism” in his policy approach, has received the majority of the financing in the 6th District. COVID-19 recovery and green employment creation are two examples. Protect Our Future, which gave more than $11 million to Flynn’s campaign, is the primary source of his large donations. According to insider reports, local Democratic leaders are irritated by this.
Progressive political action committees have sought to portray the rising expenditure as a response to their growing power.
But election analysts predict Republicans winning the House.