Republican billionaires are pumping hundreds of millions of dollars into trying to keep Republicans in control of Congress, based on the assumption that more...

Republican billionaires are pumping hundreds of millions of dollars into trying to keep Republicans in control of Congress, based on the assumption that more money wins elections. However, the past three presidential elections show that simply having more money than your opponent is not enough to win.  In the 2016 race, Hillary Clinton’s total spending exceeded Donald Trump’s by more than $300 million, according to OpenSecrets’ 2016 presidential race data. Clinton spent $770 million, while Trump spent $433 million. Clinton raised more from both the candidate’s committee and outside money.  In the 2020 presidential election, total spending from these sources shows that Joe Biden outspent Trump by more than $500 million, according to Open Secrets. Open Sources also reported,...

Republican billionaires are pumping hundreds of millions of dollars into trying to keep Republicans in control of Congress, based on the assumption that more money wins elections. However, the past three presidential elections show that simply having more money than your opponent is not enough to win.  In the 2016 race, Hillary Clinton’s total spending exceeded Donald Trump’s by more than $300 million, according to OpenSecrets’ 2016 presidential race data. Clinton spent $770 million, while Trump spent $433 million. Clinton raised more from both the candidate’s committee and outside money.  In the 2020 presidential election, total spending from these sources shows that Joe Biden outspent Trump by more than $500 million, according to Open Secrets. Open Sources also reported,...