The Republican committee responsible for fundraising for congressional campaigns said it has raised a record $105 million this year, a 74% increase over the last election cycle.
The National Republican Congressional Committee announced record donations through September on Thursday, including “the largest off-year September ever,” with $12.2 million raised in the last month alone.
“Voters are ready to fire Nancy Pelosi and hold the failed Biden Administration accountable,” said chairman Tom Emmer in a statement. “A special thanks to Leader Kevin McCarthy, Whip Steve Scalise, our Republican conference, and the tens of thousands of generous donors who have made these record-breaking fundraising totals possible. 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.”
The party has $65 million in liquid cash, nearly three times the amount it reported at the same time four years ago. More than $30 million of this year’s funds came from Republican Party leadership.
The Democrats haven’t yet released their September fundraising numbers. In August, they outraised the Republicans by about $3.5 million, though in the second quarter filings in June, the NRCC was ahead by around $9 million.
Republicans see the numbers as boding well for party gains in the 2022 midterm elections. The GOP is favored to pick up several congressional seats due to President Joe Biden's growing unpopularity, particularly among independents. Even a small shift could tip the balance of power in both congressional chambers, which are narrowly held by Democrats.
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Original Author: Virginia Aabram
Original Location: Republicans report record congressional fundraising cycle