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Politics House GOP Reelection Committee Breaks Monthly Fundraising Record

16:32  14 october  2021
16:32  14 october  2021 Source:   nationalreview.com

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Ahead of the November 2022 midterm elections, in which momentum is building for Republicans to flip Congress from Democratic control, the House GOP reelection arm announced an off-year monthly fundraising record of $12.2 million for September.

House Minority Leader Kevin McCarthy (R., Calif.) talks with reporters at the Capitol in Washington, D.C., September 29, 2021. © Elizabeth Frantz/Reuters House Minority Leader Kevin McCarthy (R., Calif.) talks with reporters at the Capitol in Washington, D.C., September 29, 2021.

The committee has raised $105 million through September, representing a massive 74 percent increase over the same period last cycle, the National Republican Congressional Committee (NRCC) published in a press release.

Rubio rakes in $6 million for reelection bid in latest fundraising quarter

  Rubio rakes in $6 million for reelection bid in latest fundraising quarter Sen. Marco Rubio (R-Fla.) ramped up his fundraising pace in the third quarter of the year, bringing in $6 million as he gears up for his 2022 reelection bid. The $6 million haul is an improvement over the roughly $4 million he raised in the second quarter when his main Democratic rival, Rep. Val Demings (D-Fla.), beat him out by nearly $700,000. He's now slated to enter the last stretch of 2021 with about $9.6 million in cash on hand.So farThe $6 million haul is an improvement over the roughly $4 million he raised in the second quarter when his main Democratic rival, Rep. Val Demings (D-Fla.), beat him out by nearly $700,000. He's now slated to enter the last stretch of 2021 with about $9.6 million in cash on hand.

As for cash supply on hand, the committee has $65 million, nearly triple the amount saved in reserves at this time last cycle.

“Voters are ready to fire Nancy Pelosi and hold the failed Biden Administration accountable…. House Democrats are sprinting toward the exits because they know their days in the majority are numbered and we look forward to keeping up the pressure,” NRCC Chairman Tom Emmer said amid the committee’s record-breaking fundraising performance.

During the third quarter of the year, the arm raked in $25.8 million, a whopping $10 million more collected than the same time frame last year.

Members of Republican leadership made significant contributions that boosted the GOP’s fundraising numbers, the statement indicated. House GOP leader Kevin McCarthy transferred $19.4 million, House GOP whip Steve Scalise transferred $10.3 million, and House GOP conference Chair Elise Stefanik, newly appointed after Republican Liz Cheney’s ouster, transferred $1.2 million to the NRCC.

Democrats fret as longshot candidates pull money, attention

  Democrats fret as longshot candidates pull money, attention Longshot challengers to Democrats' most reviled Republican foes are starting to be seen as threats by some in their own party who fear they are distracting from midterm efforts to protect the majority.Just over a year out from what will be a referendum on President Biden's first two years in office, Democratic strategists are expressing frustration that a handful of candidates looking to oust some of the GOP's most high-profile incumbents - Rep. Marjorie Taylor Greene (R-Ga.) and Sen. Rand Paul (R-Ky.) among them - in deep red areas are using valuable resources that could otherwise be used to strengthen the party's hand in more competitive races.

The opponent organization Democratic Congressional Campaign Committee (DCCC) has not yet disclosed its third-quarter figures. The Democrats’ congressional fundraising arm garnered approximately $36.5 million during the second quarter, a number which Republicans exceeded, Fox News reported.

After eight of years of dominating the House, the GOP lost its majority in the chamber to the Democrats in the 2018 midterms, about halfway through the Trump presidency.

Even as the Republicans lost control of the White House and the Senate in the 2020 election, this defeat was partially offset by the party’s many victories in the House, where the Democrats now hold only slim governing margins. To take back the House, the GOP must achieve a net gain of five seats in the 2022 midterms to recapture its majority.

Historical trends tell a promising prophecy for the GOP, given that the party that controls the White House typically loses roughly 25 House seats in the midterm elections. Democrats now command power over the executive and legislative branches of the federal government, including the White House, the House, as well as the evenly divided Senate where Vice President Kamala Harris serves as a tie-breaking vote.

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Welcome to At the Races! Each week we’ll bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. By Kate Ackley, Bridget Bowman and Stephanie Akin Recent fundraising reports, detailing how much cash candidates hauled in during the third quarter, provide […] The post At the Races: Quarterly clues appeared first on Roll Call.

usr: 0
This is interesting!