A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.Overall, this group of billionaires skews toward former President Donald Trump and the Republican Party — although there are Democratic megadonors...

cross-posted from: https://lemmy.zip/post/21661331

A new analysis from The Washington Post reveals that just 50 megadonors are responsible for $1.5 billion in campaign cash for the 2024 presidential cycle.

    • Optional@lemmy.world
      41·
      4 months ago

      Yes and no. Before Howard Dean, people thought their $25 was important for them but otherwise didn’t do much. He showed that enough $25 is the same as huge donations. We really hadn’t seen crowdfunding in politics before that.