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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSheldon Adelson Breaks Spending Record on Midterm Elections, Surpassing $100M
Conservative megadonors Sheldon Adelson and Miriam Adelson have doled out more than $100 million to aid Republicans in the midterm election, far outpacing their giving during the 2016 presidential cycle.
A new $25 million donation puts the billionaire benefactors total spending toward helping Republicans hold on to both chambers of Congress at $113 million, Bloomberg reported. The donation was to the Senate Leadership Fund, a super PAC with ties to Senate Majority Leader Mitch McConnell.
That total surpasses the $82.6 million the couple spent on the 2016 cycle.
And it makes the Adelsons spending on this years midterms the new benchmark for the most any individual household has spent on one election including campaign committees, parties and PACs since the Citizens United Supreme Court decision in 2010, according to OpenSecrets. The rankings by OpenSecrets do not include donations through 501(c)(4) dark money groups.
https://www.rollcall.com/news/politics/sheldon-adelson-breaks-all-time-spending-records-on-the-midterm-elections-surpassing-100-million?fbclid=IwAR1LYgB06qMAWsyvNtoIet9uAXfZ3i9LPAVmdBgwM6LWSJeg3jCil10toHA
SWBTATTReg
(22,133 posts)puzzled by the claim that the Adelson's spending marks a new benchmark.
Cattledog
(5,915 posts)kentuck
(111,103 posts)What better way to launder money than thru political campaigns. My bet is that the money is not actually coming from Adelson but from Russia.
Pity Puddles
(98 posts)by the end of 2020, if they are still alive.