Billion Dollar House in the News

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Yesterday, Public Campaign Action Fund released a report projecting that House candidates, collectively, will raise and spend more than one billion dollars this election cycle--a record breaking statistic. With so much time raising money, the report asks, how much time is left for candidates to actually spend time talking with voters.

According to Washington Post:

The Public Campaign Action Fund, a watchdog group, will release a study Tuesday predicting that House candidates alone could spend nearly $1.5 billion by the time the dust settles on Election Day.


The Washington Post story was also picked up by Ezra Klein, the St. Petersburg Times, and the Boston Globe.


Sam Stein at Huffington Post wrote, "Public Campaign Action Fund is pegging the final price tag for this year's House elections at a jaw-dropping $1.45 billion dollars, a 54 percent increasing in spending from 2008."


The Los Angeles Times also wrote up two stories mentioning the report. David Donnelly, Public Campaign Action Fund's National Campaigns Director, was quoted in one saying, "With all the attack ads, candidates have to spend more time dialing for dollars and less time talking with voters. They have to feed the beast – the endless raising and spending for campaigns – that is devouring our democracy.”


The Florida Times Union blogged about this story and our report. The second story, out this morning, also mentioned the report. It was picked up by the Chicago Tribune.


The Washington Times quoted Donnelly as saying, "Increased fundraising from wealthy donors, coupled with the secret outside money, is putting our elections further into the hands of relatively few Americans"


Politics Daily, Mother Jones, Democracy Now, The Ed Schultz Radio Show, US News and World Report, and the BBC all wrote about the report too.


Donnelly also appeared on SIRIUS radio yesterday, on the Stand Up with Pete Dominick show, talking about this report and campaign spending. You can listen below: