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Democrats Dominate Fundraising in Georgia Senate Runoffs
Julie Bykowicz and Chad Day
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Democrats are pouring money into the Georgia special election that will
determine which party controls the Senate, with candidates Jon Ossoff
and Raphael Warnock together collecting more than $210 million in two
months, new fundraising filings show.
That is about $78 million more than what the Republican incumbents,
David Perdue and Kelly Loeffler, raised during the same period,
according to the Federal Election Commission reports. Combined, the two
GOP campaigns hauled in $132 million between Oct. 15 and Dec. 16, the
time period covered by the new reports.
Campaign funds raised Oct. 15-Dec. 16
Source: Federal Election Commission
Republican groups operating independently of the party and the
candidates are helping to narrow the money gap in the pivotal races. If
Democrats win both seats, the party would lead the White House and both
legislative chambers=97a fact the GOP has been playing up in its
fundraising appeals and advertisements.
So far, the candidates, party committees and outside groups have spent
more than $452 million on television, radio and some digital ads,
according to ad tracker Kantar/CMAG. Some $84 million more in ad buys
are planned through the Jan. 5 election.
Republicans are outpacing Democrats on TV largely thanks to a trio of
big-spending outside groups with close ties to Senate Majority Leader
Mitch McConnell : American Crossroads, the Senate Leadership Fund and
Together, those groups account for about $138 million in ad buys, more
than one-quarter of all special election advertising spending. On the
Democratic side, the top three outside groups have collectively spent
about $36 million.
But the Nov. 3 election showed fundraising success doesn=92t necessarily
translate into victory at the ballot box. Not counting Georgia,
Republicans spent less on advertising in all but two of the 12 most
competitive Senate races, yet won nine of those contests.
In Georgia, Republicans are looking to use anger over President Trump=92s
electoral loss to galvanize their base, while Democrats have been
crisscrossing the state trying to replicate the high turnout that drove
President-elect Joe Biden=92s victory there.
GOP Sen. Kelly Loeffler, left, stood with Sen. David Perdue and Ivanka
Trump, a White House adviser, at a rally in Milton, Ga., on Dec. 21.
Photo: John Bazemore/Associated Press
If the Democrats win both Georgia seats, they gain control of the
Senate, where Republicans currently hold a 50 to 48 majority for the
next Congress, because Vice President-elect Kamala Harris can cast
The fundraising reports filed with the FEC Thursday show Mr. Ossoff=97a
documentary filmmaker and the period=92s top fundraiser=97brought in nearly
$107 million and had about $17.5 million in the bank at the end of the
Mr. Warnock, a pastor at historic Ebenezer Baptist Church in Atlanta,
was right behind him, having raised a little more than $103 million and
sitting on $22.8 million as of Dec. 16.
Ms. Loeffler, a businesswoman appointed to the Senate seat last year,
spent more than $23 million of her own money on her primary and general
election campaigns but switched to traditional fundraising for the
special election, raising $64 million in two months while contributing
only about $333,000 out of pocket.
The Loeffler campaign entered the final stretch of the runoff campaign
with about $21.3 million in cash on hand.
Mr. Perdue, the former chief executive of Dollar GeneralCorp. running
for his second term, raised $68 million over the same period, entering
the final weeks of the campaign with $16 million in cash on hand.
On the Democratic side, the super PAC connected with Fair Fight, former
Georgia gubernatorial candidate Stacey Abrams=92s group that has been
registering hundreds of thousands of voters in the state, reported
raising $22 million between Nov. 24 and Dec. 16. About half of that was
passed onto other Democratic super PACs spending in the two runoff races.
Write to Julie Bykowicz at julie.bykowicz-at-wsj.com and Chad Day at
Appeared in the December 26, 2020, print edition as 'Georgia Democrats
Lead in Fundraising Ahead of Runoffs.'
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