In presidential politics, campaigns are powered by billionaires. Here’s a look at the most influential donors to Donald Trump and Kamala Harris’s campaigns. https://t.co/IHcUdxveFy
— The New York Times (@nytimes) September 1, 2024
How out of control is campaign spending in the U.S.?
— Senator Chris Larson (@SenChrisLarson) August 28, 2024
As of August 20th, the top 50 political donors have already given $1.5 billion to federal candidates.
The top 4 individual donors gave $385.3 million. That's $1.14 for every man, woman, and child in America. It's obscene.
1. The biggest donor of the 2024 presidential campaign, by far, is Timothy Mellon, the reclusive billion and heir to the Mellon banking fortune.
— Judd Legum (@JuddLegum) July 3, 2024
Who is he and what has motivated him to spend more than $100 million already this campaign cycle?
Follow along for details.
🧵
Meet the megadonors pumping millions into the 2024 election https://t.co/sbZE0LlvLh
— Harris Levy (@HarrisL585) October 3, 2024
Mind-blowing that the Democratic Party is massively outspending the Republican Party in swing states!
— Elon Musk (@elonmusk) October 1, 2024
The Democrats have become the party of the rich and entitled (just look at their donor list) and the Republicans have become the party of the people.
Musk is wrong. The article notes that “megadonors skew Republican”.
150 billionaire families have spent $1.4B on the 2024 election so far.
— Robert Reich (@RBReich) October 9, 2024
On average, each family has doled out $9.2M in political contributions — just 0.06% of their total wealth.
The equivalent donation for a typical household would be ~$120.
We must overturn Citizens United.
Sad! 