Georgia’s Senate runoffs: Special interest PACs flood the zone – By Chris Joyner (The Atlanta Journal-Constitution) / Dec 18 2020
‘A battle between billionaires and millionaires,’ says one analyst.
Apart from the candidates themselves, political action committees have spent at least $150 million since the November general election to rally voters back to the polls for the Senate runoff, records show.
While nearly two-thirds of that spending has come from super PACs connected to either Senate Majority Leader Mitch McConnell or Minority Leader Chuck Schumer, the rest has come from special interest groups with business before the new Congress.
Brendan Fischer, director of federal reform for the non-partisan Campaign Legal Center in Washington, D.C., said spending by PACs in the Georgia runoffs is akin to an arms race financed by “a small handful of extremely wealthy interests.”
“Elections increasingly look like a battle between billionaires and millionaires. My biggest concern is what happens after the election,” he said. “Very often they expect something in return and very often they get it.”