I would be lying if I said that
campaigns did not involve a lot of money. Congressional candidates from all
over the country are running for reelection, which hints at the idea that many
of them will be raising excessive amounts of money. Whether it is from
donations from constituents or from organizations within the district, somehow
all of these congressmen make a lot of cash.
While looking through different
candidates, I noticed that a significant amount of incumbents and their
competitors are both spending and donating significantly different amounts of
money. Take the Eliot Engel campaign in New York district 16 for example; Engel
is running unopposed and has raised approximately $923,965 and has spent more
than half of it on his campaign already(Opensecrets). Another campaign in comparison is has
had quite the opposite. Chris Gibson, the incumbent candidate from New York
district 19 and his competitor and Sean Eldridge are raising very large sums of
money for their campaigns. Gibson alone has raised more than two million
dollars on his campaign while Eldridge has raised more than three thousand
dollars for his campaign.
In a recent article about the race
between Chris Gibson and Sean Eldridge, it noted that Eldridge was losing to
Gibson by at least twenty-four points, yet Eldridge has raised much more money
than Gibson has(Brennan). In the past campaign money was used for purchasing buttons,
and posters and other unnecessary paraphernalia; however as time has progressed
and technology has gotten more advanced and media has become more prevalent,
there has been less of a need for this unnecessary paraphernalia and more
emphasis on things like television advertisements.
When looking deeper into where the
money from each campaign is coming from, there are significant differences
between the two candidates. While Gibson has only spent approximately $365,586
on his campaign, most of his donors are from big businesses such as General
Electric and Goldman Sachs(Opensecrets). In comparison, most of the money that is currently
financing Sean Eldridge’s campaign is coming out of pocket, due to Eldridge
turning down donations from corporate political action committees. In a way
this seems like it could have a significant impact on the outcome of the race
between Eldridge and Gibson. While Eldridge does have a larger sum of money
raised for his campaign its not nearly as endorsed in comparison to Gibson.
With endorsements, Gibson seems like the more likely candidate to win the
election. Similarly, the incumbent candidate in New York district one is in the
same situation. Most of Timothy Bishop’s endorsements come from PAC
contributions and big companies like Estee Lauder where in comparison the
competitor Lee Zeldin seems to be receiving money from smaller companies. In
all, it almost seems as though what actually matters while campaigning is where
the money is coming from rather than how much money is being spent.
Brennan, Patrick. "Sean Eldridge Is Losing
to Chris Gibson in N.Y. By 24 Points." National Review Online.
N.p., 12 Sept. 2014. Web. 03 Oct. 2014
Johnson, Chris. "Eldridge
Self-funds Congressional Campaign with Nearly $1 Million." Washington
Blade: Gay News, Politics, LGBT
Rights. 30 Apr. 2014. Web. 02 Oct. 2014.
"Rep. Chris Gibson." Opensecrets RSS. Web. 03 Oct. 2014.
"Rep. Timothy H.
Bishop." Opensecrets RSS. Web.
03 Oct. 2014.
"The Voter's Self Defense
System." Project Vote Smart.
Web. 03 Oct. 2014.
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