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Rich people are spending more than ever to run for Congress. A big test is coming in Maryland. [Yahoo! Finance]
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Democratic Rep. David Trone has given more than $57 million of his own money to his campaign for Senate in Maryland ahead of next week's primary — a staggering sum that already ranks among the biggest self-funding campaigns in U.S. history. But he's not alone: Self-funding congressional candidates gave more to their campaigns in 2023, $131 million, than in any other odd year going back to at least 2003, according to an NBC News review of campaign finance records. Led by nearly $37 million from Trone last year alone, it's part of a recent explosion of spending by wealthy candidates that has fundamentally shifted the way campaigns are won and lost — and perhaps made it harder than ever for the non-rich to make it to Washington, since candidates are not bound by donation limits and can give unlimited sums to their own campaigns. The trend is affecting everything from open-seat primaries for deep red or blue districts across the country to the battle for the Senate. Trone continues t
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