House Majority PAC, a group tied to black money companies and Democrat megadonors, did break its own paying data on its 2024 work.
House Majority PAC, a political action committee backing Democrats, will spend at least$ 186 million on national tribes in 2024, according to the business.
In a speech, HMP said the campaign will reach 58 various internet businesses.
Most of the wasting,$ 146 million, will go toward tv, and the remainder will go toward online ad placements.
The party referred to it as the “initial square of doubts,” which suggested additional spending could be made after in the year.
However, according to its announcement, HMP’s initial outlay of$ 186 million is much larger than the$ 102 million it spent in 2020.
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House Majority PAC has made it abundantly clear that it will do whatever it takes to make Hakeem Jeffries the second speech, according to HMP President Mike Smith in a release.
After a wave of sackings, the Republican Party now holds 218 seats in the lower room, compared to the Democratic Party’s 213. As of April 8, there are four vacant chair.
According to its release, HMP is planning to spend more than$ 1 million in 39 markets. Its top five markets are  , Los Angeles ($ 19.2 million ),  , New York ($ 16.1 million ),  , Portland, Oregon ($ 9.5 million ),  , Detroit ($ 8.4 million ) and , Las Vegas ($ 6.8 million ).
Dark Money, Union, and Megadonor Ties
According to HMP’s FEC data, the team has raised about$ 61.1 million between January 2023 and February 2024. It had about$ 43.9 on hand at the end of February.
HMP is closely tied to the 501 ( c ) ( 4 ) nonprofit House Majority Forward.
House Majority Forward is not required to disclose its donors or transfer financial data as frequently as an FEC-registered PAC as a nonprofit organization.
For this reason, this type of volunteer is typically called a black money organization.
In the current election cycle, covering 2023 and 2024, HMP has collected about$ 8.3 million in donations from House Majority Forward, according to the FEC.
Additionally, a group affiliated with the United Brotherhood of Carpenters and Joiners union has made substantial funds to HMP.
In the current period, the very PAC Working For Working Americans- Federal sent HMP$ 7 million, according to FEC data.
Additionally, HMP is accepting checks from James Simons and Fred Eychaner, Democrats ‘ megadonors.
Mr. Simons, according to FEC information, gave$ 2 million to HMP in December 2023.
Mr. Simons, now the leader of Euclidean Capital, is one of the owners of hedge fund Renaissance Technologies.
Mr. Eychaner, according to FEC filings, gave$ 2 million to HMP in June 2023.
