SECTION II:
THE POWER OF RICH PEOPLE'S POLITICAL CONTRIBUTIONS
As we witnessed in this 2024 election Billionaires are the 'Representatives'
How much attention do you think your or my $5, $25, $50, $100, $250, or $500 donation gets compared to this partial list of super rich donors supporting both parties. Below is a link to the biggest donors.
List of donors: https://www.opensecrets.org/elections-overview/biggest-donors
Just take a look at just the top ten known contributors…
Elon Musk $250,000,000 R
Timothy Mellon $197,000,000 R
Rich/Eliz Uihlein $137,800,000 R
Miriam Adelson $136,800,000 R
Kenneth Griffith $101,400,000 R
Jeff/Janine Yass $96,900,000 R
Paul Singer $61,304,000 R
Bill Gates $50,000,000 D
Michael Bloomberg $46,900,000 D
Steven Schwarzman $39,100,000 R
Dustin Moskovitz $38,700,000 D
Me $ 500 Independent
You $_________ ??
Big vs. Small Donors
In the 2024 Presidential race the campaign committee of Kamala Harris received 57% of her funds from BIG donors, and 43% from SMALL donors. Donald Trump’s campaign committee received 71% of his funds from BIG donors, and 29% from SMALL donors.
(CONTINUED FROM HOME PAGE)
Big Donors vs. Us (Small Donors)
In the 2024 Presidential race the campaign committee of Kamala Harris received 57% of her funds from BIG donors, and 43% from SMALL donors.
Donald Trump’s campaign committee received 71% of his funds from BIG donors, and 29% from SMALL donors
SMALL donors contributed $429 Million to the Harris Campaign Committee while BIG donors contributed $574 Million, for a total of just over $1 Billion.
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SMALL donors contributed $110 Million to the Trump Campaign Committee while BIG donors contributed $272 Million, for a total $382 Million
Link to Open Secrets
https://www.opensecrets.org/2024-presidential-race/small-donors?curr=C&show=T
The point of the data is that We the People are the small donors and are drastically underrepresented in Congress, and at the ‘money ballot box’.
Cost of Running for Office in the House of Representatives
The cost to run for a House of Representative seat, particularly in ‘key districts’ is outrageous. In many races political donations flowing from outside the district are more than what was donated within the districts. In the 10 most expensive 2024 House elections the total spent was $364,000,000 million, with just 38%, $134.7 million, generated from within districts. Not hardly ‘local’ elections.
The most expensive House of Representatives races were:
Arizona 1: Spent $39,000,000; $23,400,000 or 60% from outside the district
Alaska 1: Spent $38,800,000; $25,500,000 or 65% from outside the district
California 45: Spent $38,500,000; $26,600,000 or 69% from outside the district
New York 19: Spent $38,400,000; $26,300,000 or 68% from outside the district
New York 3: Spent $36,600,000; $23,500,000 or 64% from outside the district
New York 17: Spent $36,000,000; $20,700,000 or 57% from outside the district
Oregon 5: Spent $34,900,000; $22,900,000 or 65% from outside the district
California 27: Spent $34,600,000; $22,300,000 or 64% from outside the district
Virginia 7: Spent $34,200,000; $14,300,000 or 41% from outside the district
Michigan 7: Spent $33,600,000; $23,800,000 or 70% from outside the district
Here is a link to the list:
See how much money was spent in your district with this website:
https://www.followthemoney.org/
In researching various House races from around the country, it appears the average cost to run for election is around $2,000,000. Good Party: https://goodparty.org/blog/article/how-much-cost-run-for-office