Billionaires' Bully Pulpit: How Money Dominates Politics, and What It Means for Democracy The 2026 midterms have seen a staggering $433 million injected by America's billionaires, with 80% of this cash backing Republican candidates.
This influx of money serves as a stark reminder that policy considerations often take a backseat to financial interests in politics.
The biggest spenders tend to win, but this is not merely a cause and effect relationship. Instead, it creates a self reinforcing cycle where donors flock to winners, perpetuating an advantage for those already ahead.