Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(108,036 posts)
Wed Oct 24, 2018, 05:44 PM Oct 2018

Sheldon 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 year’s 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

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Sheldon Adelson Breaks Spending Record on Midterm Elections, Surpassing $100M (Original Post) Yo_Mama_Been_Loggin Oct 2018 OP
I thought Koch Brothers donated up to 400 million for this election cycle, so I'm ... SWBTATTReg Oct 2018 #1
Gonna be money down a rat hole. Cattledog Oct 2018 #2
Adelson is just the middle man for the money laundering.... kentuck Oct 2018 #3
I want the Adelsons broke and bankrupt Pity Puddles Oct 2018 #4
George Soros, by contrast, has contributed $13 million. (n/t) OilemFirchen Oct 2018 #5

SWBTATTReg

(22,143 posts)
1. I thought Koch Brothers donated up to 400 million for this election cycle, so I'm ...
Wed Oct 24, 2018, 05:54 PM
Oct 2018

puzzled by the claim that the Adelson's spending marks a new benchmark.

kentuck

(111,104 posts)
3. Adelson is just the middle man for the money laundering....
Wed Oct 24, 2018, 05:58 PM
Oct 2018

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.

Latest Discussions»General Discussion»Sheldon Adelson Breaks Sp...