Rob Pyers Profile picture
3 Dec, 5 tweets, 3 min read
😂Lincoln Project got Democrat donors to part with $15,226,496 in the pre-election period ($81.9M to date!), with the ostensibly Republican group getting $550,000 from Chuck Schumer's Senate Majority PAC and $650,000 from dark money Democratic group Majority Forward.
After siphoning off $81.9M from Democratic donors this cycle with little to show for it, Lincoln Project's founder signals plan to continue to milk their audience for all they're worth for as long as humanly possible and files FEC paperwork for 'Lincoln24'
Context:
Lincoln Project spent a whopping $24.9 million on operating expenditures and $48.6M on independent expenditures this cycle. The top beneficiaries:
And the breakdown of the Lincoln Project's 2020 cycle operating expenditures by purpose:

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More from @rpyers

4 Dec
Four Republicans running in safe blue districts persuaded GOP donors to part with a combined $41.9 million in the 2020 cycle

District/Cand/Vote Share/$ Raised

#CA43 Collins 28.3% ($10.33M)
#MD07 Klacik 28.4% ($8.29M)
#NY14 Cummings 27.4% ($11.15M)
#MN05 Johnson 25.9% ($12.16M) ImageImageImageImage
Collins' campaign racked up $68,000 in Delta Flights, $30,000 in Uber & Lyft rides, spent tens of thousands at an assortment of luxury hotels and restaurants across the country, and funneled hundreds of thousands in consulting fees to LLCs of questionable provenance. Image
Cummings' campaign against AOC in #NY14 seems to have existed primarily to ensure direct mail vendors maintained a steady supply of boats and vacation homes... Image
Read 4 tweets
14 Oct
The Lincoln Project convinced Democratic donors to part with $39,384,397 in Q3. It burned a staggering $13 million on operating expenditures, made $23.9M of IEs (mostly routed into its founders firms), and ended with $13.2M on hand.
Among @ProjectLincoln's Q3 donors, $300,000 from liberal dark money group Sixteen Thirty Fund
Catering to #Resist donors has been a lucrative reversal of fortune for the Lincoln Project's founders. Reed Galen's Summit Strategic was paid $18.8M in Q3, Ron Steslow's TUSK Digital got $8.7M, Kurt Bardella's Endeavor Strategy got $153K
Read 8 tweets
14 Oct
Mitch McConnell's @Senate_Fund dropping over $22.5M in eight races tonight:
6,121,824->#NCSen
4,505,936->#GASen
3,636,248->#IASen
3,275,192->#AKSen
2,579,361->#MTSen
1,255,998->#MESen
1,008,765->#COSen
138,632->#KSSen
fec.gov/data/committee… ImageImageImageImage
Independent expenditures in the North Carolina Senate race are about to hit $150 million Image
Rough approximation of the total Senate IE spending over the entire 2020 cycle so far:

$146M - North Carolina
$107M - Iowa
$76M - Georgia (Both races)
$74M - Montana
$70M - Maine
$58M - Arizona
$54M - Michigan
$31M - Colorado
$30M - Kansas
$19M - South Carolina
$15M - Alaska
Read 6 tweets
15 Jul
#NeverTrump @ProjectLincoln raised $16.8M in Q2, drawing several six and seven figure checks from a handful of Democratic megadonors, spent $4.6M on independent expenditures, $2.28M on operating expenditures, and ended the quarter with $10.8M on hand.
Improving from Q1 when Lincoln Project faced accusations of being a ScamPAC on account of 90% of their expenditures being paid out to Lincoln Project members and their firms, only ~86% of its operating expenditures/IEs went through Lincoln Project members and their firms in Q2.
That's not to say they pocketed it all...the FCC's political file database indicates at least $3M in ad buys were made and $1.36M in Facebook ads were purchased as of June 30th.
Read 4 tweets
15 May
Friday's dump of 25,980 more #CA25 ballots from L.A. County is the first update to net votes for Christy Smith, splittng 51.5%/48.5% for Smith and bringing Mike Garcia's margin down by 790 votes to 16,860.
Another 350 #CA25 votes were also added from Ventura County, splitting 50.9%/49.1% for Smith, cutting Garcia's margin down another six votes to 16,854.
Wild. Turnout in the #CA25 special election runoff is now at 40.78% with 173,322 votes in, surpassing the total from the #CA25 primary (which coincided with a competitive Democratic presidential primary).
Read 5 tweets
14 Apr
#NeverTrump Lincoln Project raised $1.9M in Q1, over $1.16M from small donors giving less than $200. It logged $1,135,686 in operating expenditures and another $148,132 in independent expenditures, burning through $1,284,078.

Strap in...
After its $1.9 million Q1 haul, the Lincoln Project spent $148,132 on independent expenditures (all to firms operated by Lincoln Project founder Reed Galen and Lincoln Project member Ron Steslow), with a staggering $1.135 million on operating expenditures. Image
The ostensibly #NeverTrump Republican Lincoln Project spent $85,707 on merchant fees, $36,948 on its Democratic fundraising consultant, $15,078 on its Democratic compliance firm, and $3,000 for the Democratic NGP Van software. subscription. Image
Read 9 tweets

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