Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Money pours into North Carolina as battle for U.S. Senate heats up

Published 05/27/2020, 03:14 PM
Updated 05/27/2020, 03:35 PM
© Reuters. FILE PHOTO: U.S. Senator Tillis talks to reporters as Trump impeachment trial resumes on Capitol Hill in Washington

By Susan Cornwell

WASHINGTON (Reuters) - Republican U.S. Senator Thom Tillis is used to being in a tight spot in campaigns in the swing state of North Carolina, having come from behind in the polls six years ago to clinch his post.

With his home state figuring prominently in Democrats' effort to try to wrest control of the Senate this year, the 59-year-old is back in the hotseat. Tillis' re-election race against Democratic U.S. Army veteran Cal Cunningham is widely considered a toss-up, and millions of dollars are pouring in.

"It's most likely going to be the most expensive race in U.S. history ... It'll be close," Tillis said in an interview.

Leading Democratic and Republican "super PACs" that focus on Senate races said in March they are investing a combined $47.4 million in ad buys in North Carolina this year, more than they have planned for any other state so far. Under federal law, super political action committees can raise and spend unlimited amounts of money, unlike candidates, but cannot coordinate their efforts with a candidate's campaign.

North Carolina is one of four states - also including Maine, Arizona, and Colorado - where election analysts say Democrats have a chance at unseating Republicans in November, giving Democrats a shot at ending the chamber's current 53-47 Republican majority.

Other states, including Montana, Iowa and Kansas, also may be coming into play, leaving even the reticent Republican Senate Majority Leader Mitch McConnell to call the battle for control of the Senate a "dogfight."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Republicans will fight hard to protect their majority. They highly value the Senate's power in confirming lifetime judicial appointments, and managed to pick up Senate seats in 2018 even as they suffered heavy House losses.

"There are more competitive races on the battlefield than Democrats need to win to control the Senate," said Nathan Gonzales, editor of Inside Elections, which provides nonpartisan analysis of campaigns and has rated 12 Senate seats as competitive.

The fact that 2020 is a presidential election year could also work in Democrats' favor. Republican President Donald Trump is struggling in some of the states he won in 2016, including North Carolina and Arizona, Gonzales said.

Both Trump and Tillis appear to have lost support in North Carolina opinion polls during the coronavirus pandemic, said David McLennan, a political science professor at Meredith (NYSE:MDP) College in Raleigh. The state has more registered Democrats than Republicans, with about a third of voters unaffiliated.

Real Clear Politics' average of opinion polls from April 5 to May 9 had Trump leading presumptive Democratic nominee Joe Biden by 1 percentage point in North Carolina, with Cunningham showing an equally thin lead over Tillis.

BATTLING FOR TRUMP SUPPORTERS, INDEPENDENTS

Cunningham, a 46-year-old former state legislator who grew up in the Republican-leaning town of Lexington, North Carolina, is hoping to attract some Trump voters who have soured on Tillis after he initially opposed the president's declaration of an emergency to fund a border wall.

The senator received 19% fewer votes than Trump in the March Republican primary.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Both candidates are focused on healthcare and the economy as the United States grapples with the coronavirus as well as the job losses caused by shutdowns aimed at curbing its spread.

Cunningham says Tillis' responses to the pandemic show he won't challenge Trump, while Tillis calls Cunningham a rubber stamp for the Democratic leadership.

Tillis "sat quietly while Donald Trump called it a hoax,” Cunningham said, referring to Trump's comments about the coronavirus in late February.

"It's another proof point, in the minds of North Carolinians, that Thom Tillis is too weak to stand up and be the independent voice that we're looking for here," Cunningham said.

Asked about the criticism, Tillis responded that Cunningham also "sat quietly" when House Speaker Nancy Pelosi visited San Francisco's Chinatown to promote businesses facing a drop in tourism early in the crisis.

"Nancy Pelosi wasn't taking it seriously," Tillis said. "Cal Cunningham obviously wasn't taking it seriously."

Latest comments

Give the senate seat to the democrats if Trump pulls the republican convention, the one third unaffiliated will side with the dems.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.