Dark money groups aligned with the GOP spent big trying to generate a “red wave” in the 2022 election, but they lost big, with a few notable exceptions.
Outside groups spent at least $2.1 billion in the federal elections. That does not include any money spent by U.S. House and Senate candidates, whose donors are disclosed and the amounts capped, which, in other words, is not “dark money.” The required disclosures by political parties accounted for just $269 million of outside spending, according to OpenSecrets.
The remaining nearly $1.9 billion, with a “b,” was not subject to any limits on how much could be raised or spent. More than $1.2 billion of that was spent by so-called super PACs, to which billionaires and dark money groups can give unlimited millions. Super PACs now number more than 2,000, a staggering figure.
In sum, 2022 saw the most ever spent on “independent expenditures” by groups […]