Maine Democrat Sara Gideon still has nearly $11.6 million in the bank after spending $62.9 million in her unsuccessful Senate bid. (Michael M. Santiago/Getty Images)
As congressional candidates raked in record sums of campaign cash in the extraordinarily expensive 2020 election, they experienced a unique problem: too much money and not enough time to spend it.
Several candidates who lost their races are sitting on millions in unspent campaign cash. The losers in the 10 most expensive 2020 Senate races still had a combined $35.3 million in the bank according to the most recent Federal Election Commission filings.
Maine Democrat Sara Gideon still has nearly $11.6 million in the bank after spending $62.9 million in her unsuccessful Senate bid. Former Sen. Kelly Loeffler (R-Ga.), who injected $23.8 million of her own money into her unsuccessful campaign, had roughly $11.5 million in the bank as of late January.
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Nurse practitioner Patricia Hutchins peers out of the COVID-19 testing tent in April 2020 in the parking lot of St. Mary’s Regional Medical Center in Lewiston.
Andree Kehn/Sun Journal
It’s that time of year when the Sun Journal presents readers with what we consider the top 10 news stories of the year. Typically, we’d introduce the list with a nice introduction, pointing out the highs and lows of the year in a clear and balanced way.
SunJournal.com Top 10
Fears of a cult takeover roil a tiny town in northern Maine
Androscoggin Mill explosion in Jay causes no serious injuries
December 8th, 2020 | by: Stu Marckoon
Police Search
(Bangor) â A manhunt last evening in the Capehart section of Bangor as police looked for two men who fled following a traffic stop. A state trooper reportedly pulled over a maroon colored SUV for a traffic violation and both the driver and passenger fled. The passenger dropped a handgun and police recovered the gun. Bangor police joined state troopers in the search. Police have not released names.
(Augusta) â Bucket trucks and line crews will continue working around the clock to get electricity restored to Mainers who lost it during the weekend. Central Maine Power reported nearly 31-thousand outages at 5:30 this morning, while Versant Power said more than 14-hundred, mostly in Northern Penobscot County still lacked electricity. The power went out Saturday as heavy wet snow and high winds brought down trees over power lines, snapping the lines and sometimes the poles. CMP says the
Bill Nemitz: Money, money everywhere … now what does Gideon do?
Flush with more than $14 million in leftover campaign funds, Maine s losing U.S. Senate candidate has some decisions to make.
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Money didn’t just rain on Democrat Sara Gideon’s failed campaign for the U.S. Senate. It poured.
And now, with the election over, the question hovers like a lingering cloud over the more than $14 million Gideon ran out of ways to spend: What’s she going to do with that residual – and extraordinarily deep – pool of cash?
“If (Gideon) wants to give money to charity, go right ahead,” Walden “Denney” Morton said Thursday in a phone interview from her home in Cape Elizabeth. “But if you’re talking about public airwaves and public monies, or semi-public money, or matching, or whatever, keep it in the public domain and make sure it goes for the common good.”