Congressional candidates on the general election ballot raised $19M and spent nearly $16M during the third quarter, according to October quarterly reports that were due today (Sat.). The total represents a more than $24M drop from the same period in 2020, even after excluding the U.S. Senate race (another $21M) and U.S. Sen. Ted Cruz ($2.3M).
The biggest difference between 2020 and 2022 is the relative lack of competitive seats. Fourteen candidates raised at least $1M during the third quarter of 2020, while just six candidates topped the million mark this quarter:
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