Majority of Self-Funders Lost Their Races

Insider finds that “16 out of the 22 top-spending candidates in the midterm elections lost their races.”

“Combined, the 16 also-rans spent over $223 million of their own money — just over half of the nearly $443 the top self-funding candidates spent this cycle.”

“This overall poor midterm showing illustrates a long-term trend in US politics: only a small fraction of candidates who fill their campaign coffers with their own money actually win office.”