WASHINGTON — It’s no secret that money isn’t everything when it comes to political campaigns. In this year’s midterms, at least a couple dozen candidates in competitive races were outspent but still beat their better-funded opponents.
That was clear in filings with the Federal Election Commission that were submitted by midnight on Thursday. The reports covered from Oct. 20 through Election Day on Nov. 8, plus a post-election period through Nov. 28.
They showed that numerous wealthy candidates who pumped millions of their own dollars into campaigns still lost. At the same time, some candidates also came up short after attracting millions of dollars in support from donors.