A year before the midterms, quarterly fundraising reports are already reshuffling expectations and causing some candidates to drop out. And candidates are spending almost as much raising money as they collect. That’s because in congressional primaries and general elections, the top fundraiser still wins 92 percent of the time. Danielle Thomsen finds that candidates are raising money earlier and in larger amounts than ever. And everything from who runs for office to who rules in Congress is now governed by money, even though most of the value is in signaling rather than actually using it to communicate with voters.
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A year before the midterms, quarterly fundraising reports are already reshuffling expectations and causing some candidates to drop out. And candidates are spending almost as much raising money as they collect. That’s because in congressional primaries and general elections, the top fundraiser still wins 92 percent of the time. Danielle Thomsen finds that candidates are raising money earlier and in larger amounts than ever. And everything from who runs for office to who rules in Congress is now governed by money, even though most of the value is in signaling rather than actually using it to communicate with voters.
Democrats are out of power in all three branches of government, uncompetitive in many states, and divided on how to prepare for 2026. What’s the path forward? Should the party refocus on economics over cultural issues? Moderate across the board? Or embrace the abundance agenda as their electoral and policymaking future?
The Science of Politics
A year before the midterms, quarterly fundraising reports are already reshuffling expectations and causing some candidates to drop out. And candidates are spending almost as much raising money as they collect. That’s because in congressional primaries and general elections, the top fundraiser still wins 92 percent of the time. Danielle Thomsen finds that candidates are raising money earlier and in larger amounts than ever. And everything from who runs for office to who rules in Congress is now governed by money, even though most of the value is in signaling rather than actually using it to communicate with voters.