Category Archives: Financials

Sen. Warnock Back on Top in Georgia; Poll Shows All Nevada Dem Seats Competitive; Hageman Holds Big Lead Over Cheney in Wyoming

See the entire AARP poll results in this PDF download: AARP poll, July 5-11, 2022 (or click on above image)

By Jim Ellis — July 19, 2022

Senate

Georgia: Sen. Warnock Back on Top — In the developing seesaw battle between Georgia Sen. Raphael Warnock (D) and Republican retired professional football player Herschel Walker, a new joint Fabrizio Ward (R) and Impact Research poll for AARP (July 5-11; 1,197 likely Georgia general election voters with an over-sample of 500 voters aged 50 and older and a 147-person over-sample of black voters; live interview and text) projects the incumbent to be holding a 50-47 percent edge despite Gov. Brian Kemp (R) running ahead of Democrat Stacey Abrams, 52-45 percent, and Republicans leading on the generic congressional question, 48-45 percent.

The negative campaigning coming from both sides is taking a toll on candidate images. President Biden’s job approval is a woeful 34:65 percent positive to negative, Sen. Warnock rates a 47:47 percent ratio, while Gov. Kemp posts only a 50:45 percent score. On the clear upside-down side of the scale, Abrams records a 46:50 percent rating, and Walker owns an even worse 41:49 percent tally.

Ohio: Rep. Ryan Holds Huge Fundraising Advantage — Though polling finds US Rep. Tim Ryan (D-Warren/Youngstown) and author J.D. Vance (R) in a neck-and-neck contest, one area that is anything but close is campaign fundraising. In the second quarter, Rep. Ryan outraised Vance by a whopping 9:1 ratio, meaning over $9 million raised to just over $1 million for Vance. Perhaps more seriously, Vance is reporting only $630,000 cash-on-hand as compared to Rep. Ryan’s $3.6 million. Expect outside sources to become heavily involved in this race with the goal of helping Vance close the resource gap.

House

Nevada: Emerson Sees All NV Dem Seats Competitive — Emerson College ran a series of polls testing 500 registered voters in each of the three Democratic-held Las Vegas congressional districts over the July 7-10 period. While the Dem incumbents lead in all three, none even break the 42 percent plateau in support.

In the 1st District, Rep. Dina Titus’ (D) advantage over Republican Mark Robertson is only 41-37 percent. Third District incumbent Susie Lee holds just a 42-40 percent slight margin over Republican attorney April Becker. In the 4th CD that stretches from North Las Vegas to the state’s middle section, Rep. Steven Horsford’s (D) spread over insurance agency owner Sam Peters (R) is a similar 42-39 percent. The three seats were drawn as Lean Democratic seats, but it appears all could be in position to swing toward the Republicans in November.

WY-AL: Hageman Holding Big Lead — In anticipation of the Aug. 16 Republican primary, now less than a month away, the Caspar Star Tribune newspaper sponsored a Mason-Dixon Polling & Strategy study (July 7-11; 1,100 registered Wyoming voters), which finds GOP attorney and congressional challenger Harriet Hageman, who former President Donald Trump endorses, posting a 52-30 percent lead over controversial incumbent Rep. Liz Cheney (R-Wilson). This is the third consecutive released survey that finds Hageman holding a lead well into double digits. While Cheney has a huge lead in campaign resources and is making overt requests of Democratic voters to participate in the Republican primary, it is doubtful there is enough she can do to fully overcome the current trends.

Campaign Dollars – Quarter 1

By Jim Ellis

April 25, 2022 — The Federal Election Commission (FEC) has released the campaign finance reports for the quarterly period ending March 31, and the Daily Kos Elections site analysts have published their regular comprehensive summaries for all Senate and House incumbents and candidates.

In the Senate, the top fundraisers for the campaign-to-date are familiar names, and they are repeating their overwhelming performance from the 2020 election cycle. For the 2022 race, Georgia Sen. Raphael Warnock (D) reports $44.2 million in receipts with a cash-on-hand total of $25.6 million. Both are higher than any individual running for the Senate in the 2022 cycle. Sen. Mark Kelly (D-AZ) is close behind, raising $39.0 million for the campaign cycle with $23.3 million in his treasury.

Based upon state population segments, Sen. Kelly is actually the stronger of the two because he comes from a smaller state. Dividing the funding evenly by congressional district, Sen. Kelly averages $4.3 million per his state’s nine congressional districts, while Sen. Warnock posts $3.2 million per Georgia’s 14 CDs.

The next most prolific fundraisers come from the same race. Florida Congresswoman Val Demings (D-Orlando) is the top money producing challenger in the country, posting $30.5 million in receipts for the campaign cycle. Her opponent, Sen. Marco Rubio (R), is virtually even with her, attracting $29.3 million. Cash-on-hand is about dead even, too. Rep. Demings reports $13.2 million in her account; Sen. Rubio, $13.1 million.

For the Republicans, the top challenger fundraiser, though he is leagues behind general election opponent Sen. Warnock, is Georgia’s Herschel Walker with $14.2 million raised.

The aggregate group of Senate candidates raising the most in one challenger contest is found in Wisconsin, as Democrats Alex Lasry, state Treasurer Sarah Godlewski, and Lt. Gov. Mandela Barnes have cumulatively brought in $18.2 million. Lasry, an executive with the Milwaukee Bucks professional basketball club, has gross receipts of over $9 million, but $5.8 million is self-sourced. Godlewski reports $5.1 million in total dollars raised, but $3.3 million comes from herself. Lt. Gov. Barnes has raised $4 million without any self-funding. For his part, Sen. Ron Johnson (R) has obtained $10.8 million for his 2022 re-election campaign.

The most prolific open seat fundraisers are in Pennsylvania and Ohio. The combined candidate dollar total in the Keystone State exceeds $45 million, but almost $18 million of that total is self-funded from Dr. Mehmet Oz (R) and former hedge fund CEO David McCormick (R). The group from Ohio is close behind with $44.8 million obtained. In this case, we see a combined self-funding total that exceeds $21 million.

On the House side, a total of 32 incumbents and challengers raised over $1 million just during the first quarter. Naturally, the party leaders, Minority Leader Kevin McCarthy ($4.3 million), Minority Whip Steve Scalise ($3.4 million) and Speaker Nancy Pelosi ($3.3 million) are the most prolific.

Majority Leader Steny Hoyer ($510,000) and Majority Whip Jim Clyburn ($284,000) are clearly not in the top echelon, but are likely spending their time raising funds for their leadership PACs or the Democratic Congressional Campaign Committee (DCCC). Additionally, with Democratic incumbents and candidates raising considerably more than their Republican counterparts, the individual campaigns need less from Washington.

The top non-incumbents breaking the $1 million mark for the quarter are Jessica Cisneros, now in a Texas Democratic runoff with Rep. Henry Cuellar (D-Laredo) and Marcus Flowers, who is challenging Georgia Rep. Marjorie Taylor Greene (R-Rome), both at $2.4 million.

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Self-Funding Candidates Saving GOP

By Jim Ellis

April 21, 2022 — The first-quarter financial reports are now public and we see a stark difference between Democrats and Republicans in funding for the key May primary Senate races, particularly in Pennsylvania and Ohio. If it wasn’t for self-funding candidates in these two states, the GOP would be in trouble.

In Pennsylvania, Democratic Lt. Gov. John Fetterman holds strong polling leads over his primary opponents as well as a major fundraising advantage over all contenders. According to the Federal Election Commission’s March 31 campaign finance reporting, Fetterman has raised just over $15 million for his US Senate effort.

His receipts total is well over $9 million more than his chief Democratic primary opponent, Rep. Conor Lamb (D-Pittsburgh), and his $5.7 million aggregate figure. The third competitive Democrat, state Rep. Malcolm Kenyatta (D-Philadelphia), has obtained $1.8 million. None of the three Democrats have self-funded their races to any degree.

The Pennsylvania Republicans, on the other hand, offer a stark contrast. While the top two GOP resource candidates, television doctor Mehmet Oz and ex-hedge fund CEO David McCormick, report aggregate receipts in the same realm as Fetterman, the sources are very different.

Dr. Oz posts total receipts through March 31 of $13.4 million and McCormick has $11.3 million. The difference, however, is that 82 percent of Dr. Oz’s money comes from him, and 61 percent of McCormick’s money is self-donated, mostly in the form of campaign loans.

The same pattern also appears for the third-highest funded Republican candidate, former US Ambassador Carla Sands. She reports $4.62 million in receipts, but 85 percent of that total comes from her personal funds. The fourth-place candidate, former lieutenant governor nominee Jeff Bartos, is the only one with a majority percentage of his dollars coming from contributors. He has raised $3.4 million, with 62 percent coming from individuals other than himself.

The story is the same in neighboring Ohio. There, the two top fundraising Republicans report self-funding as their major source.

Businessman Mike Gibbons leads all candidates in total receipts with $17.4 million raised. In his case, all but $1 million, or 94 percent of his aggregate total, comes from his own funds. The second-highest Republican in terms of dollars raised is state Sen. Matt Dolan (R-Chagrin Falls), who is a minority owner of the Cleveland Guardians MLB baseball club, with $11.1 million in receipts. He also has self-donated, mostly in terms of personal loans, 94 percent of his campaign treasury.

We also see the same pattern appear for the Ohio Democrats that exists in Pennsylvania. US Rep. Tim Ryan (D-Warren/Youngstown) is the consensus party candidate, way ahead of former Consumer Financial Protection Bureau official and 2020 congressional candidate Morgan Harper in terms of polling and money.

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An Alabama Barnburner

By Jim Ellis

Alabama US Senate candidate Mike Durant

Feb. 16, 2022 — A trio of polls released in the past three weeks now suggest that any one of the top Alabama US Senate candidates can win the Republican nomination.

With Democrats basically conceding the general election because none of their four filed candidates can be considered a legitimate threat to score an upset win in November, the GOP nomination contest will decide who will succeed retiring Sen. Richard Shelby (R).

The Alabama Republican Senate primary is now turning into a serious three-way affair, as former “Black Hawk Down” pilot Mike Durant apparently has become a legitimate contender. According to most recent three surveys, what originally looked to be a potential outright win for US Rep. Mo Brooks (R-Huntsville) on May 24 now appears surely headed for a June 21 secondary runoff election.

FarmPAC, the political arm of the Alabama Farmers Federation, this week began to publicize their Cherry Communications survey (Feb. 2-6; 600 likely Alabama Republican primary voters, live interview). The results post Congressman Brooks to a tight 34-29-24 percent lead over former Business Council of Alabama president and CEO Katie Britt, whom FarmPAC supports, and Durant, who now runs a defense engineering company headquartered in Alabama. In this survey, Durant again emerges as an additional contender with staying power who can clear a victory path.

As February began, Britt released her internal Deep Root Analytics survey (Jan. 29-31; 2,088 likely Alabama GOP primary voters; live interview, automated response calls and online) that gave her a slight 29-28-23 percent split over Brooks and Durant. Finally, WPA Intelligence, polling for the Club for Growth who supports Rep. Brooks (Jan. 25-27; 513 likely Alabama Republican primary voters live interview), saw the congressman holding a 35-30-25 percent edge over Durant, who vaulted into second place in this poll, and Britt.

All three candidates have strong positives and the financial wherewithal to remain competitive until voters first cast their ballots at the end of May. Two of the three, Brooks and Britt, can expect to benefit from active outside support, while Durant is already funding his effort to the tune of just over $4 million with likely more to come.

Britt is the leading fundraiser. At year’s end, she had raised just under $5 million, all from donors, and reported approximately $4.1 million cash-on-hand. Sen. Shelby has also committed to spending $5 million from his own campaign treasury as an independent expenditure to support Britt, his former chief of staff.

Rep. Brooks, never known as an aggressive fundraiser, had brought in $2.15 million at the end of 2021, with almost $2 million remaining in his treasury. The Club for Growth is likely to spend seven figures in their own independent expenditure to aid the congressman’s statewide effort.

As mentioned above, Durant has invested over $4 million into his effort according to his December year-end financial disclosure report, which represented virtually all of his campaign treasury. He has already spent well over $1 million on a media blitz that has successfully placed him in serious contention.

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House Money: Year-End 2021

By Jim Ellis

Feb. 7, 2022 — The Federal Elections Commission finally posted the year-end 2021 campaign financial disclosure numbers, and the Daily Kos Elections site statistical team has already compiled the totals for both the House and Senate.

We concentrate on the House financial picture since all of the competitive Senate races will feature each party’s nominee having more than enough funding with which to communicate their message to the targeted voter segments.

Our first table illustrates the House leadership’s fundraising totals, as they are a key focal point of national funding for their candidates. With a close House partisan division, and a large number of competitive races slated for November, the political dollars will be flowing abundantly.

The text shows the member’s name (party identified by color: red = GOP; blue = DEM ), the amount (in thousands) raised in the 4th quarter of 2021, the cash-on-hand reported in the member’s campaign account on Dec. 31, 2021, and how much the income each campaign committee reports for the entire 2022 election cycle.

Leadership

NAME	ST-DIST	4TH QTR	CASH-ON-HAND	CYCLE-TO-DATE
McCARTHY, KEVIN	CA-20	$3,758	$8,350	$14,890
PELOSI, NANCY	CA-11	$2,844	$5,420	$15,941
SCALISE, STEVE	LA-1	$2,652	$6,524	$12,888
STEFANIK, ELISE	NY-21	$1,078	$3,140	$5,050
CLYBURN, JIM	SC-6	$523	$2,452	$1,761
HOYER, STENY	MD-5	$443	$1,164	$1,916

$1 Million in Qtr 4 – Non-Leadership Incumbents

NAME	ST-DIST	4TH QTR	CASH-ON-HAND	CYCLE-TO-DATE
SCHIFF, ADAM	CA-30	$2,806	$16,766	$9,997
PORTER, KATIE	CA-47	$2,515	$16,125	$10,231
CRENSHAW, DAN	TX-2	$2,115	$4,516	$10,794
CHENEY, LIZ	WY-AL	$2,043	$4,715	$7,221
JORDAN, JIM	OH-4	$1,448	$8,532	$6,891
OCASIO-CORTEZ, AL.	NY-14	$1,422	$6,236	$9,879
KIM, YOUNG	CA-40	$1,216	$2,564	$4,009
GREENE, MARJORIE T.	GA-14	$1,185	$3,512	$8,690
JACKSON, RONNY	TX-13	$1,126	$1,079	$2,450
KRISHNAMOORTHI, RAJA	IL-8	$1,108	$11,551	$4,447
GOTTHEIMER, JOSH	NJ-5	$1,041	$12,012	$3,950
SCHRIER, KIM	WA-8	$1,002	$4,022	$3,026

$1 Million in Qtr 4 – Open Seats & Challengers

NAME	ST-DIST	4TH QTR	CASH-ON-HAND	CYCLE-TO-DATE
FLOWERS, MARCUS	GA-14	$1,321	$1,544	$4,603
LUTTRELL, MARCUS	TX-8	$1,186	$1,618	$1,923
HUNT, WESLEY	TX-38	$1,004	$1,555	$2,029

Most Cash-on-Hand – $3 Million +

NAME	ST-DIST	4TH QTR	CASH-ON-HAND	CYCLE-TO-DATE
SCHIFF, ADAM	CA-30	$2,806	$16,766	$9,997
PORTER, KATIE	CA-47	$2,515	$16,125	$10,231
GOTTHEIMER, JOSH	NJ-5	$1,041	$12,012	$3,950
JORDAN, JIM	OH-4	$1,448	$8,532	$6,891
McCARTHY, KEVIN	CA-20	$3,758	$8,350	$14,890
SCALISE, STEVE	LA-1	$2,652	$6,524	$12,888
HARDER, JOSH	CA-9	$867	$6,316	$3,660
OCASIO-CORTEZ, AL.	NY-14	$1,422	$6,236	$9,879
DELGADO, ANTONIO	NY-19	$708	$5,481	$3,219
DOGGETT, LLOYD	TX-37	$166	$5,476	$582
PELOSI, NANCY	CA-11	$2,844	$5,420	$15,941
SHERRILL, MIKIE	NJ-11	$771	$5,078	$2,911
THANEDAR, SHRI	MI-13	$5	$5,000	$5
CHENEY, LIZ	WY-AL	$2,043	$4,715	$7,221
HOULAHAN, CHRISSY	PA-6	$464	$4,545	$2,005
CRENSHAW, DAN	TX-2	$2,115	$4,516	$10,794
SLOTKIN, ELISSA	MI-7	$957	$4,509	$3,894
KHANNA, RO	CA-17	$310	$4,330	$3,556
FOSTER, BILL	IL-11	$383	$4,264	$917
LaHOOD, DARIN	IL-17	$550	$4,244	$2,080
SCHRIER, KIM	WA-8	$1,002	$4,022	$3,026
SHERMAN, BRAD	CA-32	$244	$3,956	$1,083
PALLONE, FRANK	NJ-6	$362	$3,836	$1,296
BROWNLEY, JULIA	CA-26	$223	$3,658	$930
SCHRADER, KURT	OR-5	$427	$3,563	$1,408
GREENE, MARJORIE T.	GA-14	$1,185	$3,512	$8,690
CONNOLLY, GERRY	VA-11	$199	$3,497	$1,079
KILMER, DEREK	WA-6	$258	$3,464	$1,147
KIM, ANDY	NJ-3	$761	$3,300	$3,369
CHU, JUDY	CA-28	$214	$3,177	$656
STEFANIK, ELISE	NY-21	$1,078	$3,140	$5,050
JEFFRIES, HAKEEM	NY-8	$787	$3,119	$3,046
SPANBERGER, ABIGAIL	VA-7	$776	$3,036	$3,066

Cortez Masto Rebounds in New Poll

By Jim Ellis

Nevada Sen. Catherine Cortez Masto (D)

Feb. 4, 2022 — Nevada Sen. Catherine Cortez Masto (D), who trailed in the most recent published statewide poll (Trafalgar Group; Nov. 24-29; 1,034 likely Nevada general election voters; Adam Laxalt (R) 44 percent, Cortez Masto (D) 41 percent) has rebounded to regain the lead according to a new OH Predictive Insights survey, but warning signs persist for the first-term incumbent.

The OHPI poll commissioned for the Nevada Independent news site (Jan. 19-26; 755 likely Nevada registered voters, online) finds Sen. Cortez Masto topping former state Attorney General Laxalt (R) in a general election ballot test by a 44-35 percent margin. While the spread is relatively strong in her favor, posting a 44 percent support number is low for any incumbent.

For example, the same poll tested Gov. Steve Sisolak, a Democrat, and found his preference figure reaching 52 percent if Clark County Sheriff Joe Lombardo were his Republican opponent, and 54 percent if former US Sen. Dean Heller were to become the Republican gubernatorial nominee. Because OHPI forced preference answers, meaning no recorded undecided responses for the governor’s ballot test, the Sisolak support numbers are high. It is unlikely, however, that a traditional preference question would find him dropping to the senator’s current support level.

The OHPI pollster isolated Sen. Cortez Masto’s most significant problem as her being tied to President Biden’s low approval ratings. According to this study, the president only posts a 41:53 percent favorable to unfavorable job approval index, and 33 percent, which is the poll’s top issue response, said that the economy and jobs are most important to them. Isolating Biden’s score on his handling of the economy, the president’s disapproval rose to 55 percent, darkening the political climate for the senator even further.

Laxalt’s low support number (35 percent) is likely due to him recording only a 76 percent preference factor among Republicans. This is likely due to the fact that challenger Sam Brown, a businessman and disabled Afghan War veteran, is becoming a significant contender for the Republican nomination.

Though the GOP sample segment is low in the OHPI survey – only 230 respondents and well below the 300 that becomes statistically significant in a state the size of Nevada – we still see only 37 percent of the Republican base supporting Laxalt while 14 percent names Brown as their preferred candidate. This means that 49 percent of those Republicans polled say they are undecided about whom to support in the GOP Senate primary. Despite having a short sample, the results suggest that Laxalt still has work to do in securing the nomination.

Another changing element that could affect this race, but in a heretofore unknown way, are the party registration changes occurring throughout 2021. Comparing the partisan breakdown in the state from January of 2021 through December of last year, both the Democrats and Republicans lost patrons. Democratic registration dropped 2.9 percent, while Republicans were down 2.5 percent. This meant that those registering Non-Partisan and “Other” were up substantially.

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Q3 FEC Senate Cash Updates

By Jim Ellis

Oct. 22, 2021 — The 3rd Quarter campaign finance summaries and reports are now publicly available at the Federal Election Commission website, and we have the recap for the key competitive Senate races in this Update. As typical for political campaigns since the latter part of the previous decade, the dollar figures are again astronomical.

The amounts are in hundreds of thousands, and COH refers to the candidates’ total cash-on-hand figures since the 2022 election cycle began. The Daily Kos Election website statisticians calculated the 3rd Quarter dollar amounts.

Alaska

CANDIDATE	3rd QTR RAISED (,000)	TOTAL COH (,000)
Murkowski	$1,062	$3,244
Tshibaka	$460	$294

Sen. Lisa Murkowski and former State Administration Director Kelly Tshibaka are the only two candidates who filed disclosure reports. Despite an endorsement from former President Donald Trump, the Tshibaka financial figures are less than expected. With Alaska’s new top four primary system, the early money is rather irrelevant since four candidates, including Sen. Murkowski and Ms. Tshibaka, will advance into the general election.

Arizona

CANDIDATE	3rd QTR RAISED (,000)	TOTAL COH (,000)
Kelly	$7,217	$13,001
Masters	$1,008	$864
Brnovich	$559	$515
Lamon	$133	$3,606

Sen. Mark Kelly continues to be one of the most prolific fundraisers of all Senate candidates. His huge $13.1 million cash-on-hand figure is topped only by Majority Leader Chuck Schumer’s $31.8 million, and Sens. Raphael Warnock’s (D-GA) $17.2 million and John Thune’s (R-SD) $14.8 million. Candidate Blake Masters is rumored to be benefiting from an outside $10 million Super PAC that billionaire Peter Thiel funds. Candidate Jim Lamon self-funded most of his $3 million-plus cash-on-hand total.

Florida

CANDIDATE	3rd QTR RAISED (,000)	TOTAL COH (,000)
Demings	$8,351	$5,967
Rubio	$5,928	$9,612

Sen. Marco Rubio had a very strong fundraising quarter, but so did his opponent, Rep. Val Demings. Both have large war chests, but each has already spent millions to achieve these totals. Both candidates will advance into a competitive and expensive general election campaign in the Sunshine State.

Georgia

CANDIDATE	3rd QTR RAISED (,000)	TOTAL COH (,000)
Warnock	$9,432	$17,217
Walker	$3,764	$2,477
Black	$564	$928

Sen. Raphael Warnock raised more money in the quarter than any Senate candidate and already has a huge war chest. Herschel Walker’s first fundraising quarter as a candidate, and a partial one at that, has to be considered highly successful, but his resources pale in comparison to the incumbent’s dollar raising machine.

Iowa

CANDIDATE	3rd QTR RAISED (,000)	TOTAL COH (,000)
Finkenauer	$1,019	$598
Grassley	$814	$3,064

Sen. Chuck Grassley announced his intention to seek re-election just a week before the third-period fundraising cycle ended. While he didn’t raise as much as his present chief opponent during the third quarter, former US Rep. Abby Finkenauer, his resource total is substantially better than hers and sets him in strong position to launch a massive fundraising effort.

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