The national Republican party raised a record amount of money for a midterm election year, according to recent federal disclosures.
The Republican National Committee (RNC) raised $13.9 million in March — a record for that month in a non-presidential election year — and $171.6 for the 2017-2018 election season so far, which leaders attribute to the unnoticed success of the party’s achievements over the past year.
“Another month of record-breaking fundraising confirms what many in the mainstream media are ignoring: Americans are doing better under Republican leadership,” RNC chairwoman Ronna McDaniel said in a statement. “Our country has more jobs, a growing economy, and higher wages, thanks to President Trump and Republicans in Congress.”
But the GOP will need all the money it can get to face the first midterm election since President Donald Trump’s election. Countless pundits and commentators have drawn attention to the 2010 elections where the Tea Party swept through Congress, denying the Democrats control of Congress under Obama.
Plus, with 46 House Republicans resigning or retiring or campaigning for a different office this year, the number of incumbent GOP candidates is among the lowest ever. Usually, around 22 House members retire each election cycle so the massive drain on veteran politicians is sure to reshape the party, potentially allow the so-called blue wave to sweep Congress.
Compared to the Democratic National Committee (DNC), which is still millions of dollars in debt from the 2016 election, the Republicans are doing well. The party’s congressional campaign arm, the Democratic Congressional Campaign Committee (DCCC) led by House Minority Leader Nancy Pelosi, however, is outpacing its Republican counterpart with $50 million in its coffers for the midterms as of the last quarter.
The RNC has already pledged $250 million just for House races in the midterms nationwide. The party has also doubled its field staff to 300 and expects to have 900 state-based workers by November.
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