Billionaires Fund Collins Campaign Amid Oligarchy Accusations
A recent analysis of campaign finance data reveals that nearly 100 billionaires and their spouses have contributed approximately $10 million to Senator Susan Collins’ reelection campaign. This significant billionaire funding accounts for a third of the total raised by groups supporting Collins. In contrast, her challenger, Graham Platner, while receiving donations from a few billionaires, primarily relies on small-dollar contributions from a broad base of grassroots donors, totaling $9.6 million. This disparity highlights contrasting fundraising strategies, with Collins drawing heavily from wealthy individuals, many involved in alternative investments, and Platner building his campaign on widespread public support.
John Q. Hosedrinker