Republicans Head Into Election Year With Seven Times The Cash Democrats Have, FEC Filings Show
The Republican National Committee heads into the 2020 election year with more than seven times as much cash on hand as the Democratic National Committee, the parties’ FEC filings show.
FEC filings from both parties show that the RNC has $63 million in cash on hand compared to the DNC’s $8.3 million, Bloomberg reported. This is more than seven times as much cash on hand as the DNC has, according to Axios.
The RNC in November raised $20.6 million compared to the DNC’s $8 million, FEC filings show. The DNC did not immediately return the Daily Caller News Foundation’s request for comment.
News of these funds comes after news that the RNC reported more than 600,000 new donors since Democrats began attempting to impeach President Donald Trump.
As the House Judiciary Committee adopted articles of impeachment earlier in December, the Trump campaign and the RNC received over $10 million in small donations, Axios reported. Republicans raised $15 million during the 72 hours after House Speaker Nancy Pelosi announced in September that the impeachment inquiry would begin.
A quarter of those who register at Trump rallies are either self-described Democrats or independents, an official told Axios, adding that about a quarter of Trump rally registrants are low-propensity voters.
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Money isn’t everything. There’s heart, and strength of character.
HA! I’m only joking. Money makes the political world go around. If you’re Jeb!, a few hundred million can buy you a whole delegate. If you’re Hillary Clinton, a measly $20 million or so can buy you control of the USA’s strategic uranium supply.