fundraising since 2016 5.1 Flashcards

1
Q

Increasing Costs of US Elections

A
  • US elections have become progressively more expensive.
  • Wealthy donors like the Koch Brothers, Sheldon Adelson, and Michael Bloomberg contribute significantly.
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2
Q

Election Fundraising : TRUMP

A

$340 million.

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3
Q

Election Fundraising : CLINTON

A

$581 million.

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4
Q

Election Fundraising : TOTAL

A

$6.5 billion.

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5
Q

2020 Election Record Spending

A

just under $14 billion.

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6
Q

Role of Wealthy Donors

A
  • A small group of ultra-wealthy donors provided a significant portion of campaign contributions.
  • By late summer 2020, 2,635 people or couples contributed $1.4 billion, about one-fifth of total contributions.
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7
Q

Big-Tech Executives’ Contributions

A
  • Big-tech executives like Dustin Moskovitz and Eric Schmidt donated millions to pro-Biden Super PAC Future Forward USA.
  • Only 30% of independent expenditure groups fully disclosed their donors in 2020.
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8
Q

Key Campaign Finance Statistics from 2020 : BIDEN

A

$1.6 billion

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9
Q

Key Campaign Finance Statistics from 2020 : TRUMP

A

$1.1 billion

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10
Q

Key Campaign Finance Statistics from 2020 : DEMOCRAT

A

$6.9 billion

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11
Q

Key Campaign Finance Statistics from 2020 : REPUBLICAN

A

$3.8 billion

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12
Q

Proportion given by small donors (less than $200)

A

22%.

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13
Q

Proportion given by large individual donors

A

42%.

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14
Q

Outside spending by Super PACs, political parties, and ‘dark money’ groups

A

$2.6 billion.

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15
Q

Most expensive Senate race

A

North Carolina ($265 million)

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16
Q

Most expensive House race

A

California 25th District ($34.5 million)