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Billionaires Provided 15 Percent of Funding for the Midterm

“In the 2022 midterms, the 100 largest donors collectively spent 60 percent more than every small donor in the United States combined, according to a Brennan Center analysis of publicly available data. (Small donors are those who give $200 or less.) The wealthy have always wielded disproportionate power over American government. In 1895, GOP strategist Mark Hanna famously said, “There are only two important things in politics. The first is money, and I can’t remember the second.” But money’s outsized influence has ebbed and flowed through U.S. history.”

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