House Dems built on fundraising advantage during tumultuous GOP month, new filings show

The main Republican House fundraising committee remains behind its Democratic counterpart, according to newly released campaign documents.

The National Republican Congressional Committee (NRCC) reported raising just over $5 million this October while the Democratic Congressional Campaign Committee (DCCC) get up about $8.1 million. Democrats built on their lead over Republicans in October, raising $101.3 million so far this year compared to the NRCC’s $75.1 million.

“This is, on the face of it, bad news for Republicans,” Jeremey Mayer, a professor of government at George Mason University, told the Daily Caller News Foundation. “But I would caution that the ‘hard money’ game that the House National Campaign Committees represent for both parties is less important today than it was 4 and 8 years ago.”

Mayer noted that super PACs could be major players in the 2024 election and that “it’s harder to know from month to month who’s donating what and where.”

Both the NRCC and the DCCC are raising less money now than they were at this point heading into the 2020 election. The NRCC get up just over $10 million in October 2019, while the DCCC brought 12.2 million dollars.

Fundraising fell by about half for Republicans and a quarter for Democrats. The DCCC’s gross lead over the NRCC in October fundraising was also $1 million more than in 2019.

The NRCC has $10 million less cash on hand than the DCCC, according to the most recent filings.

Some Republicans have reported anxiety over losing Rep. Kevin McCarthy as House speaker because of potential fundraising ramifications.

“Losing McCarthy is obviously a setback for our fundraising; it’s like losing a Hall of Famer in this category,” Rep. Nick LaLota, R-N.Y. said.

New York Democratic Rep. Dan Goldman doesn’t think new House Speaker Mike Johnson can match McCarthy’s fundraising acumen. saying that Johnson “has to build an entire network of donors from scratch because he is effectively unknown.”

Mayer believes the speaker battle itself could have hurt Republicans’ ability to raise funds.

“Of course, the Republican numbers are likely affected by the fact that the House GOP has had a series of circular firing squads at its leadership level over the past 11 months, along with a cast of characters who sometimes seem have the collective maturity of grumpy toddlers. -Predestined field trip,” Mayer said.

“But still, I wouldn’t be alarmed by those numbers if I were a Republican. I would be concerned, but then you look at what Super PACs are doing or preparing to do for specific candidates in swing districts.”

It’s not all bad news for Republicans.

There is some evidence that Johnson could be useful as a fundraiser. The NRCC reported its best fundraising week of the election cycle after Johnson was elected president, with the majority of donations coming from solicitations sent in Johnson’s name, seconds in Axios.

The Democratic Congressional Campaign Committee and the Republican National Congressional Committee did not immediately respond to DCNF’s requests for comment.

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