OutSpent
Independence Score
Ted Budd

Ted Budd

Republican · NC· In the Senate since 2023 (3 yrs)

71B/ 100

Mostly independent of concentrated money.

Why this grade

Every score is built from money facts you can check. Here's what drove it.

Who funds them63% of grade

23% of their money comes from small donors; 11.9% comes from PACs.

Their leadership PAC38% of grade

$1,298,800 in PAC money flows through their leadership PAC (BUILDING UP DEMOCRACY'S DREAM).

Where the money comes from

$198K

Career donations from the seven industries that most often buy influence, and the biggest names in each.

Banks & finance$85,427

Am. Bankers Assn. $30K · Blackstone $28K · Securities Industry $10K · Goldman Sachs $9K · Visa $5K

Big Tech$39,484

Apple $18K · Google $17K · Meta $3K · Oracle $2K · Microsoft $500

Telecom$33,710

Charter $20K · AT&T $13K · Comcast $1K · Verizon $60

Real estate$27,000

Natl Assn of Realtors $27K

Pharma$7,429

Johnson & Johnson $7K · Merck $149

Oil & energy$2,666

Chevron $1K · ConocoPhillips $876 · Koch Industries $500 · ExxonMobil $290

Defense$2,300

Northrop Grumman $2K · Lockheed Martin $650 · Boeing $125

Source: FEC career receipts. It's all legal. That's the point.

The money votes

On the Senate votes where concentrated money was on the line, here's which way they went. Sided with the money on 7 of 7.

Pass the 2025 reconciliation tax packageVoted with the money

H.R. 1 · 2025. Its largest benefits flow to corporations and top earners. A yes vote sided with the donor class.

See who voted Yea & Nay →

Revoke California clean-cars waiverDid not vote

H.J.Res. 88 · 2025. Revoked California's EV-standards waiver. A yes vote sided with oil and legacy-auto interests against the EV transition.

See who voted Yea & Nay →

Repeal bank overdraft-fee capVoted with the money

S.J.Res. 18 · 2025. Killed the CFPB cap on overdraft fees at the biggest banks. A yes vote sided with their fee income.

See who voted Yea & Nay →

Repeal big-tech wallet oversightVoted with the money

S.J.Res. 28 · 2025. Killed CFPB supervision of big-tech payment apps (Apple/Google/PayPal-style). A yes vote sided with those firms.

See who voted Yea & Nay →

Repeal methane emissions feeVoted with the money

H.J.Res. 35 · 2025. Killed the EPA fee on oil-and-gas methane leaks. A yes vote sided with the fossil-fuel industry that would have paid it.

See who voted Yea & Nay →

Repeal crypto-custody rule (SAB 121)Voted with the money

H.J.Res. 109 · 2024. Killed the SEC rule making banks hold capital against customer crypto. A yes vote sided with crypto firms and banks.

See who voted Yea & Nay →

Repeal small-business lending data ruleVoted with the money

S.J.Res. 32 · 2023. Killed the CFPB rule making banks report small-business lending data (used to spot bias). A yes vote sided with the banks.

See who voted Yea & Nay →

Repeal ESG/climate investing ruleVoted with the money

H.J.Res. 30 · 2023. Killed the rule letting retirement plans weigh climate risk. A yes vote sided with fossil-fuel and asset-management interests.

See who voted Yea & Nay →

Source: Senate roll-call records. “With the money” means the vote favored the industry whose cash was at stake. It's not a judgment of right or wrong.

How to read the grade

We grade money behavior, not party. Both parties run the full range. We show the averages in the open: the typical Democrat scores 68, the typical Republican 55. Source: FEC receipts (small-donor vs PAC) and leadership-PAC filings. Nothing here alleges a crime. The point is that it's all legal.

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