Self-funded congressional campaigns rarely succeed despite massive spending
By
Praveena Somasundaram, Clara Ence Morse, Erin Cox
Summary
Wealthy Americans who self-fund congressional campaigns rarely succeed. The latest example is David Trone, a billionaire who spent a record-breaking $25 million on his Maryland comeback bid but lost the Democratic primary. Trone spent $134 million across six races over a decade, winning only three House terms. Analysis shows that of the 20 most expensive self-funded congressional campaigns since 2000, only four were successful.
Source
bskySelf-funded congressional campaigns rarely succeed despite massive spendingwashingtonpost.comKey quotes
· 3 pulledWealthy Americans have spent hundreds of millions from their fortunes in their quests to join Congress. It usually doesn't pay off.
The most recent example came Tuesday in Maryland, when billionaire and former congressman David Trone's record-breaking $25 million comeback bid ended in defeat in the Democratic primary.
Of the most expensive self-funded congressional campaigns since 2000, only four out of 20 were successful.
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