Who Funds Republican Mavericks?
|November 12, 2013||Posted by Staff under Corruption, Politics|
This 2013 excerpt of Open Secrets, Oct 4, is by Doug Weber and Russ Choma.
Twenty dissident Republican House members have little financial reason to heed the demands of their party’s leadership; they don’t receive much campaign money from the party’s fundraisers.
A top source of campaign cash for Republicans overall in recent years has been the securities and investment industry — Wall Street. In 2012, this industry gave more to candidates than any other except one, and 69 percent of its money went to Republicans.
And Wall Street is, by far and away, the top source of campaign cash for the Republican House leadership. In 2012, Boehner’s campaign and leadership PAC received $1.6 million from the industry; the industry that came in second (oil and gas) only gave about half that.
The trend appears to be that, by and large, these 20 dissidents are simply raising less money than their colleagues.
According to CRP data, Republican House members have raised an average of $331,000 in campaign funds so far this year. A review of these 20 dissidents shows that, on average, they have raised $301,000.