Super PACs, billionaire donors, out-of-state interest groups flood Georgia Senate runoffs
Political heavyweights, high-dollar donors, and special interest groups all have Georgia on their minds.
They have pivoted from the presidential election and zeroed in on a pair of U.S. Senate runoff races that could make or break President-elect Joe Biden's first term.
Some experts believe upward of $500 million will be spent in the nine weeks between the Nov. 3 general election and the Jan. 5 runoff races.
Already, negative ad wars have soared past the $450 million mark and saturated the airwaves with three more weeks to go before the big day.
At stake is control over the Senate, and with it, the power to either greenlight Biden's domestic policy agenda or to block it.
The massive amounts of money pouring into the statewide race are worth it, donors say.
If Republican Sens. David Perdue and Kelly Loeffler beat their Democratic challengers Jon Ossoff and Raphael Warnock, the GOP will maintain its current control of the upper chamber of Congress and could push back on every nominee and piece of legislation on Biden's agenda.
If Ossoff and Warnock win, it would give Democrats a 50-50 split, with Vice President-elect Kamala Harris acting as the tie-breaker when necessary.
The matchups have not only attracted a lengthy list of VIPs to the state — President Trump, Vice President Mike Pence, Biden, and Harris — but have also unlocked an astonishing amount of cash — something Dylan Hedtler-Gaudette, a policy analyst at the Project on Government Oversight, says could be problematic down the line.