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Democrats shatter fundraising records ahead of Georgia Senate runoffs

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Democrats shatter fundraising records in Georgia

Democrats Jon Ossoff and Raphael Warnock shattered fundraising records by hauling in more than $100 million each in the past two months, significantly outraising GOP Sens. David Perdue and Kelly Loeffler in the final stretch of the two Georgia Senate races that will decide control of the chamber next month.

The massive fundraising for the two Democrats was driven largely by small-dollar donations, continuing the pattern this year of the party’s Senate candidates tapping into online donors across the country to fund their challenger campaigns, although Democrats underperformed expectations in November despite the fundraising edge.

Ossoff became the best-funded Senate candidate in history, hauling in $106.8 million in two months. The Democrat spent $93.5 million from Oct. 15 through Dec. 16, and ended that period with $17.5 million in the bank for the closing weeks of the runoff.

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