The Black PAC, which operates to urge black voters to vote on Tuesday reported spending $300,000 on canvassing for the two Democratic candidates. This is the first significant investment from an outside liberal group in the crucial Georgia elections that will decide which party controls Congress's upper chamber next year. The elections are presumed to accumulate tens of millions of investments from Democratic and Republican groups.
The Black PAC is funded majorly by Democratic billionaires, dark money, and the Chuck Schumer-tied Senate Majority PAC. It earned $1.5 million from the Democracy PAC, a super PAC created by Soros, and $6.32 million from Bloomberg. The Sixteen Thirty Fund, which has been used as an avenue to push $55 million in secret cash into the 2020 elections, gave $2.25 million, while the Senate Majority PAC added $1 million. Other liberal groups, such as America Votes, Unite the Country, and various union PACs, have added millions more.
The Black PAC's latest filings reveal the group raised $23.5 million and spent $12.5 million as of mid-October. It did not respond to a request for comment.
The Black PAC is just one of many organizations funded by prosperous liberal donors and Democratic Party interests expected to increase the activity for the Jan. 5 elections. Republican groups have already entered the state.
Republican Sens. Kelly Loeffler and David Perdue have an advantage over the airways in their two runoffs in Georgia that will conclude the power of the Senate next year.
Political groups have already invested or saved more than $126 million to advertise for the 63-day campaign, with Republicans outperforming Democrats $77.2 million to $49.3 million, according to Kantar's Campaign Media Analysis Group.
The campaigns swiftly started to influence the two crucial contests after Perdue and Loeffler failed to hit the 50% threshold on Election Day, setting up elections against Democratic challengers Jon Ossoff and Raphael Warnock on January 5.
Loeffler leads the pack, spending or reserving nearly $42 million in ads for her runoff race, far more than the $19 million she spent up until the general election on November 3. Warnock has reserved $24.4 million for ads in the election race, Perdue has kept $19.3 million and Ossoff has marked $13.7 million.
"The outpouring of support for Kelly Loeffler and David Perdue has been tremendous, but we have the fight of our lives on our hands," said Loeffler spokesman Stephen Lawson. "We need every single dollar, every single supporter, every single Republican vote because Chuck Schumer, Raphael Warnock and Jon Ossoff are stopping at nothing to radically transform our country into a socialist state."