Republicans Notch Record Fundraising Haul
Here’s why Republicans continue to embrace Donald Trump: money. Aided by the use of the twice-impeached former president’s name, the National Republican Congressional Committee (NRCC) is reporting it raised a record-shattering $79.2 million in the first half of this year, $45.4 million of it coming in just the past three months – also a record during a year without a national election.
June was a particularly lucrative month for the GOP. It reported raking in $20.1 million, the highest ever monthly off-year total, according to numbers shared with The Associated Press. Much of the NRCC’s total came in the form of small-dollar contributions. The numbers also were bolstered by sizable contributions from Republican leadership accounts. House Republican leader Kevin McCarthy has transferred $12.76 million to the NRCC this year, while House Republican Whip Steve Scalise has sent $8.39 million.
Last week the Democratic Congressional Campaign Committee (DCCC) announced that it had raised $14.4 million in June, bringing its second-quarter total to about $36.5 million. That’s its best ever for that stretch.
The GOP committee now has $55 million cash on hand, versus more than $44 million for the DCCC.
The large sums are a sign that interest and excitement is high among donors to both parties as they prepare for what will be a brutal midterm election cycle.
NRCC Chairman Tom Emmer said the GOP is focused on taking back the majority in Congress next fall. “Every vulnerable House Democrat should be eyeing the exits because if they choose to run, they will lose,” he said.
In a statement, DCCC Chairman Rep. Sean Patrick Maloney said, “Our strong fundraising success shows American voters are rejecting Republican extremism and know just how critical a Democratic House Majority is to protecting our democracy and delivering for American families.”