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Money is Victor in 2002 Elections
Money talked with a roaring voice in Tuesday's midterm elections, according to a post-election analysis by the non-partisan Center for Responsive Politics. Just over 95 percent of U.S. House races and 75 percent of Senate races were won by the candidate who spent the most money, the Center found. [And, the leading contributor to the Republican effort, tobacco company Philip Morris]

That translates into 410 of 431 House races that were decided at press time where the winning candidate outspent his/her opponent, and 24 of 32 Senate races. Four races were still too close to call at the time of this report's release--Colorado's 7th District, New Mexico's 1st District, Texas' 23rd District, and South Dakota's Senate race, which was headed for a mandatory recount. Two races in Louisiana--the 5th District House race and the Senate contest--will hold runoffs Dec. 7 because no candidate collected 50 percent of the vote.

The findings are based on the latest available spending reports filed by candidates with the Federal Election Commission. Most, but not all, candidates filed their most recent report Oct. 16. Some 157 candidates--one-third of all those running for the House or Senate--were financially unopposed in Tuesday's election. Thirty-five had no opponent at all, while another 122 faced challengers who either spent no money at all or filed no reports with the FEC. Federal rules require candidates to file detailed reports of their contributions and expenditures if their campaign costs exceed $5,000.

In all, 21 Republicans and eight Democrats managed to win their seats despite being outspent. So did Bernie Sanders (Vt.), the only Independent in the House of Representatives. While the overwhelming majority of yesterday's races featured incumbents running for re-election, money was also decisive when two newcomers squared off in open seat races. The top spender in House open seat contests won 79 percent of the time. It was a very different story in the Senate, where four out of seven open seat races (57 percent) were won by the candidate who spent the least.

Two of those races - in New Jersey and Minnesota - were anomalies, as they both saw last-minute replacements of the original candidates with former senators. In Minnesota, Walter Mondale stepped in after Democratic incumbent Paul Wellstone died in a plane crash. In New Jersey, Frank Lautenberg took over after incumbent Democrat Bob Torricelli gave up his campaign under the cloud of scandal. Lautenberg and Mondale had virtually no time to raise money (though Lautenberg put his own money in), but their predecessors had raised plenty.

The prize for the most money spent by a losing candidate went to incumbent Jean Carnahan (D-Mo.), who spent $9.7 million. Topping the list in the House was Jim Humphreys, a West Virginia Democrat making his second bid in as many elections for a seat in the state's 2nd District. Each race cost him about $6 million, nearly all of which came from his own pocket.

In that regard, Humphreys follows a long tradition of self-spending losers. In past years, about three-quarters of the biggest spenders of their own money have lost at the polls. That pattern seems to have held true this year as well. Twenty candidates spent $1 million or more of their own funds running for office this year, and 19 of them lost at the polls. Seven never even made it past the primaries. The only winner in the group was Lautenberg, who pumped $1,010,000 into his campaign though Oct. 16. The man he beat, Republican Douglas Forrester, was the biggest self-spender of all, with just under $7 million invested in his unsuccessful race.

Click here to see Senate and House winning candidates who were outspent by their opponents:
http://www.opensecrets.org/pressreleases/election2002analysis.asp

November 7, 2002
CENTER FOR RESPONSIVE POLITICS
NEWS ADVISORY NOVEMBER 6, 2002
202-857-0044; 202-857,7809, fax
www.opensecrets.org; info@crp.org

Contract:
Steven Weiss, sweiss@crp.org