Both Parties , See Huge Donations , for Crucial Midterm Elections.<br />'The New York Times' reports that Democratic <br />and Republican committees have each<br />raised about $400 million in 2021. .<br />According to new Federal Election Commission <br />campaign disclosures, the 2022 midterm elections <br />saw huge contributions before the year even began. .<br />The upcoming midterms come at a pivotal time <br />as the Senate is divided 50-50, and Democrats <br />cling to a narrow majority in the House. .<br />The upcoming midterms come at a pivotal time <br />as the Senate is divided 50-50, and Democrats <br />cling to a narrow majority in the House. .<br />Former football player Herschel Walker <br />was one of the strongest new Republican<br />fund-raisers, bringing in $5.4 million. .<br />Former football player Herschel Walker <br />was one of the strongest new Republican<br />fund-raisers, bringing in $5.4 million. .<br />Democratic Georgia Senator Raphael Warnock <br />was the top 2022 Senate fund-raiser, <br />collecting $9.8 million in the fourth quarter. .<br />Democratic Georgia Senator Raphael Warnock <br />was the top 2022 Senate fund-raiser, <br />collecting $9.8 million in the fourth quarter. .<br />Republican Florida Senator Marco Rubio raised <br />$5.2 million, while his expected Democratic <br />opponent, Val Demings, raised $7.2 million. .<br />Republican Florida Senator Marco Rubio raised <br />$5.2 million, while his expected Democratic <br />opponent, Val Demings, raised $7.2 million. .<br />The 'NYT' reports that while individual candidates have <br />contribution limits, there is no limit on what the <br />ultrarich can donate to campaigns through super PACs. .<br />The 'NYT' reports that while individual candidates have <br />contribution limits, there is no limit on what the <br />ultrarich can donate to campaigns through super PACs. .<br />The leading House Republican super PAC <br />raised $110 million, compared to the Democratic <br />PAC which raised only $55 million. .<br />Donors to the House Democratic super PAC reportedly included media executive Fred Eychaner and LinkedIn co-founder Reid Hoffman.<br />Donors to the House Democratic super PAC reportedly included media executive Fred Eychaner and LinkedIn co-founder Reid Hoffman.<br />Top House Republican super PAC donors <br />included insurance magnate Patrick G. Ryan <br />and hedge fund manager Ken Griffin. .<br />Top House Republican super PAC donors <br />included insurance magnate Patrick G. Ryan <br />and hedge fund manager Ken Griffin.
