BOLD PAC Announces Additional $2.4 Million Investment to Support Latino Campaigns in the Final Midterm Stretch


FOR IMMEDIATE RELEASE

October 17, 2022

Contact: Diana@chcboldpac.com



CHC BOLD PAC Announces Additional $2.4 Million Investment to Support Latino Campaigns in the Final Midterm Stretch


BOLD PAC’s Direct Investments in Latino Campaigns are the Largest in Organization’s History and This Additional Transfer Brings Independent Expenditure Funds to $5.7 Million for the 2022 Cycle



Washington, D.C. - Today CHC BOLD PAC – the campaign arm of the Congressional Hispanic Caucus – announced its plan to transfer $2.4M to its independent expenditure arm to support Latino incumbents and candidates in the final three weeks of the 2022 midterm campaign. The transfer is part of the “Our Lucha” initiative and brings BOLD PAC’s total funding to its independent expenditure arm to $5.7 Million.


The transfer comes as BOLD PAC has already made the largest direct investments in Latino campaigns in its history. So far this cycle, the organization has spent over $3.2 Million in independent campaign ads, which is more than all its previous expenditures
combined. Previously, the most BOLD PAC invested in campaign ads was $1.9 Million  during the 2020 cycle. 


Ads during the 2022 cycle highlight the strong record of Latino candidates delivering on issues like
ending the pandemic and lowering costs for working families while emphasizing Republicans’ dangerous extremism on issues like gun safety and abortion. These investments proved effective during the primary season. BOLD PAC invested $2 Million to help Latino candidates in competitive primaries, propelling the historic wins of Maxwell Frost (FL-10), Robert Garcia (CA-42), and Andrea Salinas (OR-06), who won her primary despite being outspent 13 to 1.


“Latinos will be instrumental in the midterm elections and our mission to support Latino candidates is more critical than ever before. Over the past several cycles, BOLD PAC has built its capacity to invest directly in Latino candidates and be decisive players in major races across the country. Now, we’re doubling down on those efforts in the final midterm stretch. We’ve already played major roles in historic wins this cycle with Maxwell Frost, Robert Garcia, and Andrea Salinas and look forward to more in a few weeks,”
said CHC BOLD PAC Chairman Ruben Gallego. “Abortion access, affordable health care, and our fundamental freedoms are on the ballot this November. Latino voters are tired of election deniers and Republican extremists running for office. That’s why BOLD PAC is doubling down on our efforts to elect Democrats who will be fearless advocates for the well-being of all Americans.” 


While BOLD PAC’s core mission is to increase diversity in Congress by electing more Latinos, it is also a crucial player in efforts to defend the Democratic majorities in the House and Senate. This cycle, BOLD PAC has already driven over $1.1 Million in contributions to campaigns and party committees to hold the House and Senate. This includes over $600,000 in direct contributions from BOLD PAC and an additional $535,000 in funds raised for Democratic campaigns from grassroots donors across the country.


Our Lucha is a wide-ranging initiative that puts BOLD PAC at the forefront of the fight for every Latino vote in the midterms and beyond. By investing directly in Latino campaigns through the Our Lucha initiative, BOLD PAC is leading the charge to increase the representation of the Latino community and is ensuring that these efforts are designed and executed by Latino strategists. Previous phases of this effort included launching a YouTube Channel “
Ya Tu Sabes,” backed by a six-figure investment, to combat disinformation, and to educate and engage Latino voters in a culturally competent way.


CHC BOLD PAC

 

Founded in 2001, the Committee for Hispanic Causes Building Our Leadership Diversity PAC (CHC BOLD PAC) is the campaign arm of the Congressional Hispanic Caucus. It is dedicated to electing Latinos and Latinas to Congress and is powered by thousands of donors from across the country. Over the past 21 years, BOLD PAC has doubled the size of the Congressional Hispanic Caucus.



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CHC BOLD PAC, the campaign arm of the Hispanic Caucus, was founded in 2001 to increase Latino representation in Congress. Since its founding, BOLD PAC has almost doubled the size of the Congressional Hispanic Caucus.



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ESPAÑOL 


PARA DIFUSIÓN INMEDIATA

Octubre 17, 2022

Contact: Diana@chcboldpac.com



BOLD PAC anuncia inversión adicional de $2.4 millones para apoyar campañas de candidatos latinos en la recta final para las elecciones de medio término



Las inversiones directas de BOLD PAC en campañas de candidatos latinos son las más grandes en la historia de la organización y esta transferencia adicional eleva los fondos de gastos independientes a $5.7 millones para el ciclo 2022



Washington, D.C. – Hoy CHC BOLD PAC, el brazo de campaña del Caucus Hispano del Congreso, anunció su plan para transferir $2.4 millones como parte de sus gastos independientes para apoyar a actuales miembros del congreso latinos y a candidatos latinos en las últimas tres semanas de campaña para las elecciones de medio término de 2022. La transferencia es parte de la iniciativa "Nuestra Lucha" y eleva la inversión total de BOLD PAC de gastos independientes a $5.7 millones.


La transferencia se produce cuando BOLD PAC ya ha realizado las mayores inversiones directas en campañas latinas en su historia. En lo que va de este ciclo, la organización ha gastado más de $3,2 millones en anuncios de campañas independientes, que es más que todos sus gastos anteriores
combinados. Anteriormente, la mayor inversión de BOLD PAC en anuncios de campaña fue de $1.9 millones durante el ciclo de 2020.


Los anuncios politicos durante el ciclo de 2022 destacan el sólido historial de candidatos latinos que cumplen con temas como
poner fin a la pandemia y reducir los costos para las familias trabajadoras, al tiempo que enfatizan el peligroso extremismo de los republicanos en temas como la seguridad de las armas y el aborto. Estas inversiones resultaron efectivas durante la temporada primaria. BOLD PAC invirtió $2 millones para ayudar a los candidatos latinos en primarias competitivas, impulsando las victorias históricas de Maxwell Frost  (FL-10), Robert García (CA-42) y Andrea Salinas (OR-06), quien ganó su primaria a pesar de haber tenido una inversión de 13 a 1.


“Los latinos serán fundamentales en las elecciones intermedias y nuestra misión de apoyar a los candidatos latinos es más crítica que nunca. Durante los últimos ciclos, BOLD PAC ha desarrollado su capacidad para invertir directamente en candidatos latinos y ser actores decisivos en las principales contiendas en todo el país. Ahora, estamos duplicando esos esfuerzos en el tramo final de mitad de período. Ya hemos desempeñado papeles importantes en victorias históricas este ciclo con Maxwell Frost, Robert García y Andrea Salinas y esperamos más en unas pocas semanas”, dijo el presidente de CHC BOLD PAC, Rubén Gallego. “El acceso al aborto, la atención médica a bajo costo y nuestras libertades fundamentales están en la boleta electoral este noviembre. Los votantes latinos están cansados ​​de que candidatos quienes se rehúsan a reconocer los resultados de las elecciones y  extremistas republicanos, se postulen para cargos públicos. Es por eso que BOLD PAC está redoblando sus esfuerzos para elegir demócratas que sean valientes defensores del bienestar de todos los estadounidenses”.


Si bien la misión principal de BOLD PAC es aumentar la diversidad en el Congreso eligiendo a más latinos, también es un actor crucial en los esfuerzos por defender a las mayorías demócratas en la Cámara y el Senado. Este ciclo, BOLD PAC ya ha generado más de $1.1 millones en contribuciones a campañas y comités del partido para ocupar la Cámara y el Senado. Esto incluye más de $600.000 en contribuciones directas de BOLD PAC y $535.000 adicionales en fondos recaudados para campañas demócratas de donantes de base en todo el país.


“Nuestra Lucha” es una iniciativa de amplio alcance que pone a BOLD PAC al frente de la batalla por cada voto latino en las elecciones intermedias y más allá. Al invertir directamente en campañas latinas a través de la iniciativa Our Lucha, BOLD PAC está liderando la tarea de aumentar la representación de la comunidad latina y asegurar que estos esfuerzos sean diseñados y ejecutados por estrategas latinos. Las fases anteriores de este esfuerzo incluyeron el lanzamiento de un canal de YouTube "
Ya Tu Sabes", respaldado por una inversión de seis cifras, para combatir la desinformación y educar e involucrar a los votantes latinos de una manera culturalmente competente.


CHC BOLD PAC

 

Fundado en 2001, el Comité para Causas Hispanas Construyendo Nuestro Liderazgo PAC de Diversidad (CHC BOLD PAC) es el brazo de campaña del Caucus Hispano del Congreso. Está dedicado a elegir latinos y latinas al Congreso y está impulsado por miles de donantes de todo el país. Durante los últimos 21 años, BOLD PAC ha duplicado el tamaño del Caucus Hispano del Congreso.


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CHC BOLD PAC, el brazo de campaña del Caucus Hispano, fue fundado en 2001 para aumentar la representación latina en el Congreso. Desde su fundación, BOLD PAC ha casi duplicado el tamaño del Caucus Hispano del Congreso. 




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