House Republicans Break Fundraising Record With $45 Million Haul

The House Republicans’ campaign committee raised a record $45 million in the last quarter, the most ever by a party in a year without a congressional election, The Associated Press reports.

The National Republican Congressional Committee reported raising $45.4 million in the last three months, including $20 million in June, the largest one-month off-year haul.

The Democratic Congressional Campaign Committee said it raised $36.5 million over that same stretch, including $14.4 million last month.

The big fundraising numbers suggest excitement on both sides more than a year away from a pivotal midterm election. Democrats hold a razor-thin majority in the House and control half of the seats in the Senate, though midterm elections have historically gone poorly for the sitting president’s party.

Republicans outpace Democrats:

With its latest report, the NRCC has raised about $79 million through the first half of the year, far more than the $44.5 million it raised in 2019 and the most it has ever raised in a six-month period.

The committee still has $55 million in cash on hand, more than the $44 million reported by the DCCC.

But the Republican numbers have been boosted by big contributions from House leadership PACs. House Republican leader Kevin McCarthy transferred $12.76 million from his committee to the NRCC and House Republican Whip Steve Scalise transferred another $8.39 million.

“We will take back the majority next fall and voters are doing everything they can to help us accomplish that goal,” NRCC Chairman Tom Emmer said in a statement. “Every vulnerable House Democrat should be eyeing the exits because if they choose to run, they will lose.”

Democrats tout their own records:

Though the DCCC is lagging behind Republicans, the party touted its best second-quarter fundraising in history.

The DCCC received some help from House leaders but much less than the NRCC. House Speaker Nancy Pelosi’s fund has transferred more than $2 million to the DCCC, House Democratic Caucus Chairman Hakeem Jeffries transferred another $283,000, and DCCC Chairman Sean Patrick Maloney sent about $155,000.

“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,” Maloney said in a statement.

 

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