The first financial reports of the 2022 Texas Governor’s race show Gov. Abbott with a strong financial lead, but challengers may be able to use time to their advantage.
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Lobbying is big business in Austin. Over $667 million was spent by lobbyist clients to influence lawmakers during the 2020 election cycle (January 1, 2019 – December 31, 2020), with the vast majority of that spending occurring while the Texas legislature was convened in 2019. Yet only two percent of all those expenditures have a legislator’s name attached to them. That’s right. In the entire two-year cycle, only $12,944,291 ever made its way onto a detailed report filed with the Texas Ethics Commission.
Over the course of the 2020 election cycle, more than $662.5 million dollars were reported as contributions to Texas state-level candidates and PACs. Of that total, an astounding $46.9 million in donations went to Governor Greg Abbott’s campaign account. To put that number in context, Abbott’s donations account for seven percent of all Texas campaign contributions — and over 15 percent of candidate contributions — in an election cycle when he was not up for election.