DCCC Out-Raises NRCC By $12 Million in Q1 2024

$71.1 million to $45.2 million

Punchbowl News: The DCCC [Democratic Congressional Campaign Committee] raised $45.4 million in the first quarter of 2024, outpacing the NRCC [National Republican Congressional Committee] by $12 million. That’s the DCCC’s best quarter of the 2024 cycle and includes a $21.4 million March haul. This is a massive show of force for House Minority Leader Hakeem Jeffries.The DCCC has $71.1 million on hand. Compare that to the NRCC, which has $45.2 million on hand.

Biden Leading Trump Among Young Voters

56% to 37%

A new Harvard Institute of Politics poll of voters under age 30 finds Joe Biden leading Donald Trump 56% to 37% among likely voters. Pollster John Della Volpe: “For a Democrat to comfortably win the Electoral College, he or she needs to win 60 percent of the youth vote. Biden and Obama, ’12 and ’20, won 60 percent. Obama got 66 percent in ’08. John Kerry and Hillary Clinton got 55 percent. Biden is in the mid-50s. Can you improve that to get to 60 percent? It’s within reach.“

For MAGA Investors, Taking Stock in Trump’s Truth Social Is Not About Returns

$3.5 billion

The Washington Post notes that supporters of Donald Trump “investing in Truth Social is less a business calculation than a statement of faith in the former president and the business traded under his initials, DJT. … Even the company’s plunging stock price — and the chance their investments could get mostly wiped out — doesn’t seem to have shaken that faith. The company has lost $3.5 billion in value since its public debut last month.”

Economists: Chances of U.S. Recession Are Slim to Nil

39%

“In the latest quarterly survey by The Wall Street Journal, business and academic economists lowered the chances of a recession within the next year to 29% from 39% in the January survey. That was the lowest probability since April 2022, when the chances of a recession were set at 28%.”… “Economists, in fact, don’t think the economy will get even close to a recession.”

Republicans (and Bernie Sanders) in Congress Voted No, But Took the Dough Anyway

$71 million

Punchbowl News: “Congress approved more than $71 million in earmarks for lawmakers who voted against the most recent minibus spending bill, according to a Punchbowl News analysis. This is a prime example of what former Speaker Nancy Pelosi says: They voted no but took the dough. We have a simple spreadsheet of the lawmakers who landed projects and then voted against the $1.2 trillion spending package.”

Biden Holds Small Lead Over Trump Nationally

48% to 45%

In a head-to-head presidential election match up, a new Quinnipiac poll finds President Biden leading Donald Trump nationally, 48% to 45%. When the match up is expanded to include independent candidates, Trump edges Biden, 39% to 38%, with Robert F. Kennedy, Jr. at 13%, Jill Stein at 4% and Cornel West at 3%. Pollster Tim Malloy: “Way too close to call on the head-to-head and even closer when third party candidates are counted. The backstretch is months away and this is about as close as it can get.”