Democrats are eating Republicans’ dust in their fundraising efforts for the upcoming 2018 election cycle, trailing well over $100 million with fewer than 11 months until voters head to the ballot box.
GOP candidates and party fundraisers have racked in over $398,000,000 in donations, according to Federal Election Commission data released Monday for the 2018 congressional election cycle. Democrats, on the other hand, have managed to raise only $271,671,258.
The Republican Party coughed up roughly $4.5 million more in political spending than Democrats thus far in the cycle. That could be due to the fact that Republicans have over $30 million more cash on hand.
#FollowTheMoney and see where affiliates of each major industry are putting their money in the #2018Midtermshttps://t.co/b4b8ih8nl6 pic.twitter.com/iMjFfyeYTF
— OpenSecrets.org (@OpenSecretsDC) January 9, 2018
Republicans are getting a great deal of their campaign donations from finance, insurance, real estate, agricultural and defense industries. Democrats find favorability with issue advocacy organizations, law firms, lobbyists and the labor industry.
The GOP currently controls the House with a 21 seat majority and the Senate with a narrow 1 seat majority.
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