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Friday, September 26, 2014

Who's Buying Elections?

It's as sure as the sun rising, Democrats claiming that GOP candidates are trying to buy elections with outside money from billionaire donors and PAC's, yet thanks to campaign finance disclosure requirements, we can see that Republicans aren't the only ones with deep-pocketed friends.

The latest disclosures to the Federal Election Commission indicate the 2014 race for campaign cash is a little different then what a typical voter may think.

In fact, Democrats are actually outpacing Republicans when it comes to total fundraising for the political parties and their committees. Senate Democrats have out raised Senate Republicans, $111 million to $82.5 million. House Democrats are ahead of House Republicans, $146 million to $113 million. Over $60 million dollars difference.

And in my home state of Iowa, that statement is especially prevalent, with Republican Joni Ernst being out raised by Democrat Bruce Braley $2.5 million to $7.1 million.

But it is independent expenditures by outside groups that really rile up the likes of Senate Majority Leader Harry Reid, D-Nev.

Reid has been railing against the libertarian-leaning billionaire Koch brothers for years. They have pledged to spend some $290 million this year to elect conservatives. But Reid's fundraising juggernaut, the Senate Majority PAC, plans to spend $46 million by itself to thwart Republican rivals.

Also, the Democracy Alliance, a coalition of 180 progressive groups and individual millionaire and billionaire liberals who gathered in Chicago this spring to make so-called investment recommendations to their members. They have pledged to spend more than $374 million to help defeat Republicans.

What's more, the AFL-CIO by itself has pledged to spend an additional $300 million to help elect Democrats.

That's not all. In the 10 Senate races where the most outside money's been spent, liberal groups have spent $97 million compared with $79 million for conservative groups.

The Center for Responsive Politics calculates that liberal outside groups have spent $126 million for Democrats and against Republicans this year -- while conservative groups have spent $114.7 million for the opposing purpose.

Add this all up, and you have coffers for Democrats and their supporting groups that well outpace anything that Republican candidates have been able to gin up, by 9 digit margins. The Koch Brothers appear to be less about giving Republican soft money some un-American advantage, and more about trying to let Republicans keep pace.

So let's scratch those evil rich republicans buying elections off the list of reasons why Democrats are going to loose the Senate this midterm. Do not fret, that still leaves the ;War on Women' and the 'Race Card'.

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