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Fundraising: 2018 vs the rest of the decade

When I posted about the Q2 Congressional finance reports, I said I would try to put the totals in some more context at a later time. This is where I do that. Take a look at this table:


Dist       2012       2014       2016       Total        2018
=============================================================
CD02     50,168          0     14,217      64,385     843,045
CD03          0          0          0           0     153,559
CD06    145,117     13,027     27,339     185,483     358,960
CD07     76,900     74,005     68,159     219,064   2,321,869
CD08     14,935          0          0      14,935      25,044
CD10     51,855      9,994      6,120      67,969     171,955
CD12     10,785     80,216        525      91,526     106,715
CD14  1,187,774     35,302     21,586   1,244,662     105,067
CD17          0          0     39,642      39,642      67,000
CD21     57,058          0     70,714     127,772   1,594,724
CD22     40,303          0     24,584      64,887     405,169
CD23  1,802,829  2,671,926  2,198,475   6,673,230   2,256,366
CD24      6,252     10,001     21,914      39,167      61,324
CD25     12,235     32,801     55,579     100,615     199,047
CD26     11,273          0          0      11,273      94,235
CD27    399,641    301,255     23,558     724,454      93,570
CD31          0     67,742     28,317      96,059   1,618,359
CD32     79,696     10,215          0      89,911   1,916,601
CD36      2,597     25,213          0      27,810     516,859

Total 3,927,360  3,251,481  2,600,204   9,780,045  12,909,468

The first three columns are the total amounts raised by the November candidate in the given district for the given year. Some years there were no candidates, and some years the candidate reported raising no money. The fourth column is the sum of the first three. Note that with the exception of CD23 in 2014, these are all totals raised by challengers to Republican incumbents.

The numbers speak for themselves. With five months still go so, Democratic Congressional challengers have raised more so far this cycle than the challengers in the previous three cycles combined. The combined amount raised this year is three times what was raised in 2012, four times what was raised in 2014, and five times what was raised in 2016. Candidates this year outraised the three-year total in their districts everywhere except CDs 14 (due to Nick Lampson’s candidacy in 2012), 27 (due to two cycles’ worth of decent funding), and 23, the one true swing district where the big money is always raised.

It’s been said many times and I’ll say it again: We’ve never seen anything like this before. The reasons for it are well-explored, and the conditions that have given rise to it are (I fervently hope) singular, but it all happened. Is this a unicorn that we’ll never see again, or will it be the first step towards something different, more like this year even if not quite as much? I’d say that depends to some extent on how successful this year ends up being, and how committed everyone is to making this be more than a one-time thing. It’s a good start, but there is a whole lot more that can still be done.

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