$4 billion spent "so far" during the run-up to the midterms on Tuesday. So far.
Although dark money is only 5 percent of the more than $4 billion in election spending this record-breaking cycle, according to estimates by Sunlight, it’s a disproportionate chunk of the donations for swing races that will determine whether Republicans take control of the Senate.
The top three sources of dark money are the U.S. Chamber of Commerce, Crossroads GPS and the NRA Institute for Legislative Action, which together have spent tens of millions supporting Republicans and attacking Democrats. ...AlJazeera
The remedy, of course, must come from Congress.
Novak [Viveca Novak of OpenSecrets] said there is not much hope for a constitutional amendment tackling unrestrained campaign financing that flopped around the Senate Judiciary Committee in January. One of the biggest proponents of looser regulations is Sen. Mitch McConnell, R-Ky., who could soon become majority leader. Of the $10 million in dark money spent in his race, 82 percent was to oppose Alison Lundergan Grimes, the Democratic challenger. ...AlJazeera
If we need just one good reason to put McConnell under the sod on Tuesday, that should be sufficient.