2012 Candidates for the U.S. Senate and House of Representatives reported raising a total of $285.2 million from January 1 through June 30, 2011, according to disclosure reports filed with the Federal Election Commission. Candidates seeking election to 33 U.S. Senate seats reported raising $103.1 million during the first six months of 2011. Candidates for the House of Representatives reported raising $182.1 million in that period.
The $103.1 million that 82 individual Senate campaign committees raised in 2011 was the highest total ever reported for the first six months in a non-election year, exceeding the previous high of $93.2 million raised in the first half of 2009. In 2005, the last time this same group of Senate seats was up for election, 85 candidates raised $84.8 million during the first six months of the cycle.
From January 1 through June 30, 2011, contributions from individuals accounted for $75.8 million, or 74 percent of the total Senate candidates raised.* Political action committee (PAC) contributions to Senate candidates totaled $17.5 million, representing 17 percent of the campaigns’ receipts.
Senate candidates ended the first six months of 2011 with $121 million cash-on-hand and debts of $5.4 million, some from previous elections.
U.S. House of Representatives
Campaign finance reports filed by House candidates for the period January 1 through June 30, 2011, show 420 House incumbents with combined receipts of $151.6 million, a $20.5 million (15.6%) increase from the same period in 2009. Individual contributions accounted for $75.8 million of House incumbents’ total receipts in the first half of 2011, representing a $13.2 million (21.1%) increase from the first six months of 2009.* Contributions from PACs amounted to $66.9 million, a slight increase of $2.1 million (3.2%) compared to the same time period in the previous election cycle. House incumbents reported a combined $217.4 million cash-on-hand total at the end of the reporting period, a decrease of $15.5 million (6.7%) from the first half of 2009.
Non-incumbent candidates raised a total of $30.5 million for House races during the first six months of 2011, slightly outpacing the $30.3 million raised during the same six-month period in 2009. As of June 30, 2011, House non-incumbent candidates had a combined cash-on-hand total of $18.1 million, a $500,000 (2.8%) increase from the June 2009 combined total.
House freshman incumbents reported receipts of $37.2 million, an increase of $9.5 million (34.3%) from the same six-month period in 2009. House freshman incumbents received $20.8 million from individual contributors and $14.6 million from PACs and other political committees, representing increases of $7 million (50.7%) and $1.4 million (10.6%) from 2009 six-month totals, respectively. The combined cash-on-hand total for House freshman incumbents as of June 30, 2011 equaled $28.2 million, a $6.3 million (28.8%) increase compared to the combined total of the first six months of 2009.