News Releases, Media Advisories

For Immediate Release:                                                                                             Contact:  Ian Stirton
November 2, 2000                                                                                                                        Ron Harris
                                                                                                                                                        Sharon Snyder
                                                                                                                                                        Ian Stirton

 

CONGRESSIONAL SPENDING TOPS $683 MILLION

WASHINGTON - Congressional candidates involved in next Tuesday’s general election have raised a record $800.7 million and spent $683.1 million, according to pre-election reports filed through October 18, 2000. This represents a 39% increase in fundraising and a 42% increase in spending over 1998 totals. Candidates began the last 20 days of the campaign with $225.4 million cash-on-hand.

Both House and Senate candidates recorded increases in fundraising. In 34 Senate races, 108 candidates raised $327.2 million, an increase of 52% over the same period in 1997-98. Spending reached $298.6 million, up 53% over the previous cycle. Individuals made up the bulk of the fundraising, contributing $186.5 million, or 57%. PACs contributed $45.4 million (14%). While candidate contributions and loans totalled $75.8 million, one campaign accounted for $52.8 million of that amount. Senate candidates reported $51.9 million cash-on-hand for the final days of the campaign.

In House races, 804 candidates raised $473.4 million and spent $384.6 million. This represents a 31% increase in fundraising and a 35% increase in spending. House candidates received $254.7 million from individuals (54%), $168 million from PACs (35%), and $29.2 million (6%) from the candidates themselves in contributions and loans. For the final three weeks of the campaign, House candidates reported $173.5 million in cash reserves.

Through September 30, all Congressional candidates, including primary losers, reported raising over $859.5 million and spending $674.2 million. This is an increase of 34% in fundraising and a 35% increase in spending over the same period in the previous cycle.

Information attached to this release offers overall summary data by political party, as well as by candidate status (incumbent, challenger, open-seat), comparable pre-general election summary figures for the past five election cycles, a six-year overview of each Senate campaign, listings of each House race, and candidate rankings. A special table is included with median receipt and disbursement figures for various categories of House candidates.

This release and the data contained in it are also available on the FEC’s web page at http:www.fec.gov under News Releases or Campaign Finance Reports and Data.

 

Information provided in this report includes:

 

1999-2000 Financial Activity of Senate and House General Election Campaigns

Financial Activity of General Election Congressional Candidates - 1999-2000

Median Activity of House Candidates Through 20 Days Before the Election

1999-2000 Financial Activity of Senate and House Campaigns

Six Year Financial Summary for 2000 Senate Campaigns Through October 18, 2000

 

Top 50 Senate Receipts

                    Contributions from Individuals

                    Contributions from PAC's

                    Disbursements

                    Cash-on-Hand

                    Debts

Top 50 House - Receipts

                    Contributions from Individuals

                    Contributions from PAC's

                    Disbursements

                    Cash-on-Hand

                    Debts