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BRIAN HOCKENSMITH FOR PRESIDENT CAMPAIGN FUND: Statistical Summary of Six-Month Campaign Activity of the 2019-2020 Election Cycle

Gov

Brian hockensmith for president campaign fund issued the following announcement on Sept 26.

Presidential candidates raised $337.1 million and spent $159.9 million in the first six months of the 2019-2020 election cycle, according to campaign finance reports filed with the Federal Election Commission that cover activity from January 1, 2019 through June 30, 2019. Congressional candidates collected $389 million and disbursed $172.2 million, political parties received $353.7 million and spent $279.9 million, and political action committees (PACs) raised $958.2 million and spent $818.7 million in the six-month period. Disbursements for independent expenditures reported in this period totaled $11.3 million. Communication costs reported to the Commission totaled $52,649.

Activity from Jan. 1, 2019 through June 30, 2019

(figures in millions)

FilersReceiptsDisbursements

2020 Presidential Candidates$337.1$159.9
2020 Congressional Candidates$389.0$172.2
Party Committees$353.7$279.9
PACs$958.2$818.7
Communications FilingsTotal

Independent Expenditures$11.3
Electioneering Communications$0.0
Communication Costs$0.1
This summary of campaign activity in the 2019-2020 election cycle provides a benchmark for comparison with the same reporting period in other cycles. Supporting data tables are linked at the end of each summary section below.

I. Presidential Candidates

As of June 30, 2019, 83 individuals had filed campaign finance reports disclosing financial activity in connection with the 2020 presidential election. These candidates reported raising $337.1 million and spending $159.9 million from January 1, 2019 through June 30, 2019. Their combined cash-on-hand was $202.1 million, while their combined debt was $32.5 million as of June 30, 2019.

Data summary tables for reports submitted to the Commission through June 30, 2019 by 2020 presidential candidate committees can be found here.

II. Congressional Candidates

United States House and Senate candidates running in the 2020 election cycle reported raising a total of $389 million and spending $172.2 million between January 1, 2019 and June 30, 2019. Candidates for the two chambers reported combined total debts of $44.9 million and combined total cash-on-hand of $528.3 million as of June 30, 2019.

The following table summarizes campaign finance activity of House and Senate candidates through June 30 of non-election years since the 2009-2010 election cycle.

Six-Month Financial Activity of Congressional Candidates*

(dollar figures in millions)

YearNo. of Cand.ReceiptsDisbursementsDebts OwedCash on Hand

2019952$389.0$172.2$44.9$528.3
2017977$386.5$187.6$39.7$508.0
2015658$285.0$120.1$34.8$449.8
2013704$287.2$137.9$29.0$351.0
2011778$281.3$118.9$46.8$340.0
2009794$238.3$104.5$29.8$360.2
*Includes activity from January 1 of the pre-election year through June 30 of the same year. Contribution limits are indexed for inflation every cycle. The totals in the 2019 row may differ slightly from the sum of the numbers in the two subsequent paragraphs as the numbers have been rounded. The number of candidates reflects the number of candidate committees that filed reports with financial activity in a given election cycle.

The 102 candidates running for Senate in 2019 and 2020 reported total receipts of $113.4 million, disbursements of $35.7 million, debts of $6.2 million and cash-on-hand of $140.8 million.

The 850 candidates running for the House of Representatives reported combined total receipts of $275.6 million, disbursements of $136.5 million, debts of $38.7 million and cash-on-hand of $387.5 million in the six-month period. In addition to the 2019 primary and general elections, these numbers encompass financial activity associated with the 2019 special elections for North Carolina’s 3rd and 9th Congressional Districts, and Pennsylvania’s 12th Congressional District.

Data summary tables for reports submitted to the Commission through June 30, 2019 by 2019 and 2020 congressional candidate committees can be found here.

III. Political Party Committees

National, state and local political party committees reported combined total receipts of $353.7 million in federal funds, disbursements of $279.9 million, debts of $29.6 million, and cash-on-hand of $161.4 million as of June 30, 2019. Of those totals, party committees other than the two major political parties reported receipts of $1.4 million, disbursements of $1.3 million, debts of $64,150, and a combined cash-on-hand of $1.2 million as of June 30, 2019. (See the footnote in the following table for a list of these other party committees.)

The following table summarizes 2019-2020 campaign finance activity of the Democratic National Committee (DNC), Democratic Senatorial Campaign Committee (DSCC), Democratic Congressional Campaign Committee (DCCC), Republican National Committee (RNC), National Republican Senatorial Committee (NRSC) and National Republican Congressional Committee (NRCC), as well as each party’s state and local committees and other party committees.

Political Party Activity from Jan. 1, 2019 through June 30, 2019

(figures in millions)

Party CommitteesReceiptsDisbursementsDebts OwedCash on Hand

DNC$44.0$43.2$5.7$9.3
DSCC$28.2$19.6$16.0$14.8
DCCC$61.7$41.8$0.0$25.4
State and Local Democratic Party Committees (federal funds)$28.3$21.3$1.9$17.3
Total*$158.4$122.2$23.6$66.8
Party CommitteesReceiptsDisbursementsDebts OwedCash on Hand

RNC$97.1$77.2$0.0$43.5
NRSC$34.6$29.5$4.5$12.6
NRCC$44.5$35.5$0.0$25.6
State and Local Republican Party Committees (federal funds)$18.7$15.2$1.5$11.7
Total*$193.9$156.4$6.0$93.4
Party CommitteesReceiptsDisbursementsDebts OwedCash on Hand

Total Other Party**$1.4$1.3$0.1$1.2
Total Party Activity*$353.7$279.9$29.6$161.4

*The totals in this line may not equal the sum of the numbers in the corresponding columns as the receipts and disbursements have been adjusted to account for transfers between party committees and the numbers have been rounded.

**Other party committees include the Libertarian National Committee, Libertarian National Congressional Committee, Green Party of the United States, Green Senatorial Campaign Committee, Constitution Party National Committee, and the Reform Party of the United States of America.

Individuals, for whom contributions to national parties were limited to $35,500 per year during the 2019-20 election cycle, were the largest source of federal funds for party committees’ traditional accounts. Democratic and Republican party committees reported receiving $100.2 million and $118.4 million, respectively, from individuals. PACs and other political committees contributed $20.5 million to Democratic party committees and $15.5 million to Republican party committees as of June 30, 2019.

Democratic and Republican House campaign committees transferred $10.2 million and $5.6 million, respectively, from their campaign accounts to their national congressional party committees. Committees representing Democratic Senate candidates transferred $25,000 to the Democratic Senatorial Campaign Committee. Committees representing Republican Senate candidates transferred $16,000 to the National Republican Senatorial Campaign Committee.

Provisions of the Consolidated and Further Continuing Appropriations Act, 2015 (H.R. 83), signed into law in December 2014, enable national party committees to establish accounts to defray certain expenses incurred with respect to Presidential nominating conventions, national party headquarters buildings, and election recounts and contests and other legal proceedings.

The resulting new accounts of national party committees reported receiving $47 million between January 1, 2019 and June 30, 2019. Of that total, the new Democratic national party committee accounts received $16.4 million, while the corresponding Republican national party committee accounts received $30.5 million.

Headquarters accounts reported the highest receipt total across all the newly established national party committee accounts: $26.9 million. New convention and recount accounts raised $6.7 million and $13.4 million, respectively, through June 30, 2019.

Data summary tables for reports submitted by political party committees to the Commission through June 30, 2019 can be found here.

IV. Political Action Committees (PACs)

Based on reports filed with the Commission from January 1, 2019 through June 30, 2019, 6,785 federal PACs reported total receipts of $958.2 million, disbursements of $818.7 million, debts of $30.1 million, and combined cash-on-hand of $844.1 million.

The following table summarizes campaign finance activity of PACs based on PAC type in 2019. This table includes both separate segregated funds (SSFs), which have connected organizations such as corporations or labor organizations that establish, administer or raise money on their behalf, and nonconnected committees.

PAC Activity from Jan. 1, 2019 through June 30, 2019

(dollar figures in millions)

Committee TypeNo. of PACsReceiptsDisbursementsDebts OwedCash on Hand

Separate Segregated Funds

Corporate1,576$105.8$98.7$0.0$184.6
Labor268$92.0$55.5$3.4$172.6
Trade709$51.4$39.8$1.1$90.0
Membership212$41.2$30.5$0.0$51.4
Cooperative44$2.3$2.4$0.0$6.2
Corporations without Stock81$4.0$14.3$0.0$4.2
Committee TypeNo. of PACsReceiptsDisbursementsDebts OwedCash on Hand

Nonconnected PACs*

Independent Expenditure-Only Political Committees1,339$162.5$99.6$18.1$150.3
Committees w/Non-Contribution Accounts302$388.1$378.5$1.4$67.6
Leadership PACs623$41.0$40.0$0.3$47.8
Other Non-Connected PACs1,631$69.8$59.4$5.8$69.5
No. of PACsReceiptsDisbursementsDebts OwedCash on Hand

Total SSF and Nonconnected PAC Activity**6,785$958.2$818.7$30.1$844.1
*Nonconnected committees include Independent Expenditure-Only Political Committees, Committees with Non-Contribution Accounts and Leadership PACs. Independent Expenditure-Only Political Committees are committees that may receive unlimited contributions from individuals, corporations, and labor organizations for the purpose of financing independent expenditures and other independent political activity. Committees with Non-Contribution Accounts solicit and accept unlimited contributions from individuals, corporations, labor organizations, and other political committees to a segregated bank account for the same purposes as Independent Expenditure-Only Political Committees, while maintaining a separate bank account -- subject to all of the statutory amount limitations and source prohibitions -- that is permitted to make contributions to federal candidates. The data above includes receipts and disbursements from both bank accounts of Committees with Non-Contribution Accounts. Leadership PACs are political committees that are directly or indirectly established, financed, maintained or controlled by a candidate or an individual holding federal office, but are neither authorized committees of the candidate or officeholder nor affiliated with an authorized committee of a candidate or officeholder. Like other multicandidate PACs, a leadership PAC may contribute up to $5,000 per election to a federal candidate committee.

**The totals in this line may not equal the sum of the numbers in the corresponding columns as these numbers have been rounded. Instead, the bottom-line totals correspond to PAC Table 1.

Contributions by PACs to congressional candidates seeking office in the 2019-2020 election cycle totaled $109.1 million as of June 30, 2019. PAC contributions to Senate and House candidates totaled $21.5 million and $87.6 million, respectively. Contributions by PACs to 2020 presidential candidates totaled $134,457 on as of June 30, 2019. Independent Expenditure-Only Political Committees are prohibited from making contributions to candidates.

Data summary tables for reports submitted by PACs to the Commission through June 30, 2019 can be found here.

V. Independent Expenditures

Independent expenditures reported to the Commission through June 30, 2019 in connection with presidential and congressional elections in the 2019-2020 election cycle totaled $11.3 million.* Independent Expenditure-Only Political Committees accounted for $5.8 million of all independent expenditures disclosed to the Commission, Committees with Non-Contribution Accounts reported $3 million, and other PACs reported $2.4 million. Independent expenditures made by persons other than political committees totaled $53,777, and party committees reported independent expenditures totaling $9,092.

Data summary tables for independent expenditure filings submitted to the Commission through June 30, 2019 can be found here.

*A political committee must itemize its payments for independent expenditures once the calendar-year total paid to a vendor or other person exceeds $200 with respect to a particular election. Any other person (individual, partnership or group of individuals) must file a report with the Commission at the end of the first reporting period in which independent expenditures with respect to a given election aggregate more than $250 in a calendar year and in any succeeding period during the same year in which additional independent expenditures of any amount are made.

VI. Electioneering Communications

No electioneering communication filings were reported to the Commission in connection with activity in the 2019-2020 election cycle. An electioneering communication is a broadcast, cable or satellite communication that refers to a clearly identified federal candidate and is distributed within 30 days prior to a primary election or within 60 days prior to a general election. These communications do not expressly advocate the election or defeat of a federal candidate.

VII. Communications Costs

A provision of the Federal Election Campaign Act of 1971, as amended (the Act), allows corporations and labor organizations to communicate to a “restricted class” of individuals on any subject, including express advocacy of the election or defeat of any Federal candidate. The costs of such communications must be reported to the Commission when the cost exceeds $2,000 per election. This provision of the Act pre-dates the Supreme Court decision in Citizens United v. FEC, which struck down the ban on independent expenditures and electioneering communications financed by the general treasuries of corporations and labor unions.

The Commission received one such filing during the reporting period, disclosing spending of $52,649 in costs for communications to organizations’ restricted classes between January 1, 2019 and June 30, 2019.

The data summary table for communication cost filings submitted to the Commission through June 30, 2019 can be found here.

Original source here.

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