Senate Dems Spent Millions, Lost
Democrats raised a record $407 million in hopes of creating a gigantic blue wave in the Senate, but it was all for naught. It appears the Republicans held their ground in many key races, many with smaller war chests.
The most glaring money disparity came in the South Carolina Senate race between upstart Democrat challenger Jaime Harrison and incumbent Sen. Lindsey Graham. Harrison raised $107 million in an attempt to win the seat, including a record $57 million in the last quarter. He lost.
Meanwhile, in Maine, oft-controversial Republican incumbent Susan Collins was outspent by $42.5 million in her race, but thanks to an endorsement by President Trump, held off her feisty challenger.
Senate Majority Leader Mitch McConnell romped to an easy win in Kentucky, despite spending $33 million less than the Democrat. Says Forbes political reporter Jack Brewster, “This is not a new theme, it’s not a new phenomenon. In 2016, Hillary Clinton outspent Donald Trump. Sometimes money is just not enough to move the needle.”
Here’s more with Brewster on the Forbes channel.
