GOP Lagging Behind Democratic Fundraising Efforts

43

“A whopping 43 House Republicans raised less money than Democratic challengers in the first three months of 2018 — nearly the same number of stragglers the GOP had at the end of last year,” Politico reports. “An overlapping group of 16 Republican incumbents already have less cash on hand than Democratic challengers, up from the end of 2017, despite hopes that tax reform would open more donor wallets.”

O’Rourke Has a Hot Fundraising Quarter

$6.7 million

Rep. Beto O’Rourke (D-TX) raised over $6.7 million for his U.S. Senate bid in the first quarter of 2018, “a staggering number that poses a new category of threat” to Sen. Ted Cruz (R-TX), the Texas Tribune reports. “The haul is easily O’Rourke’s biggest fundraising quarter yet, more than double his next-closest total for a three-month period. It also is more than any Democratic Senate candidate nationwide took in last quarter, O’Rourke’s campaign said.” And that’s without taking any PAC money.

Dems Falling Behind in Fundraising

$75 million

Politico: “Over the first six months of 2017, the Republican National Committee pulled in $75 million—nearly twice as much money as the Democratic National Committee, which raised $38 million. … During that same six-month time span, the RNC raised $33 million in small contributions—money from people who donate $200 or less over an election cycle—while that same class of donors gave the DNC just $21 million.”

Baldwin Helps Raise $5 Million for N.J. Dems

$5.1 million

“Alec Baldwin, the actor whose impersonations of President Trump has made Saturday Night Live must-see TV for liberals and political junkies, helped raise $5.1 million Thursday night for New Jersey Democrats,” the Philadelphia Inquirer reports. “That’s believed to be the most money ever raised by either party at a single event in state history.”

Democrats Raising Money for As-Yet-Unnamed Candidates

$2 million

“Democratic activist groups have a new plan for their party to take back control of Congress: Raise money for yet-to-be determined Democratic nominees,” the HuffPost reports. “At least three Democratic-allied groups ? including ActBlue, the biggest online fundraiser for Democratic candidates ? are raking in money from donors who don’t care who they’re supporting, as long as it’s a Democrat in a certain district. … Immediately after House Republicans passed a bill to repeal Obamacare… the three groups combined to raise more than $2 million in less than 24 hours.”

Outside Groups Start Spending to Stop Trump

$10 million

Amount outside groups are moving to deploy “in new attack ads across Florida and millions more in Illinois, casting Mr. Trump as a liberal, a huckster and a draft dodger. Mr. Trump’s reed-thin organization appears to be catching up with him, suggesting he could be at a disadvantage if he is forced into a protracted slog for delegates,” the New York Times reports. Politico: “The goal, according to people familiar with the effort, has been to assemble as much as $25 million to spend against the New York businessman before March 15.”

Clinton Raises $45 Million in First Quarter

$45 million

Amount Hillary Clinton’s presidential campaign raised during its first quarter, her campaign told Bloomberg. “Clinton’s haul from her campaign’s launch in mid-April through June 30 is a record for primary money raised in a candidate’s first quarter. President Barack Obama held the previous record for a campaign’s first quarter, raising $41.9 million after launching his re-election bid.”

Democratic PAC Spending More in Midterms

$36 million

Amount the Senate Majority PAC, fueled by billionaires and labor unions, has has spent so far in the 2014 midterm contests, reports the Washington Post. “Together with an allied tax-exempt group, Patriot Majority, the … early, aggressive presence in pivotal Senate races spotlights how, four years after being dramatically outgunned in the outside money game, Democrats are now some of its most adept players.”