The Republican National Committee (RNC) announced Wednesday that it raised $12.4 million in January and more than $144 million in the 2018 election cycle.
“As we head into the 2018 midterm elections, the Republican Party continues to break fundraising records,” RNC Chairwoman Ronna Romney McDaniel said. “We are working hand-in-hand with Republicans in Congress and President Trump to enact a pro-growth agenda on behalf of the American people. In doing so, we will continue to invest in our ground game, data operations, technology and Party infrastructure to win elections in 2018 and beyond.”
Democrats are trailing Republicans thus far in the 2018 election cycle, raising roughly $66 million and spending just over $71 million. The Democratic National Committee (DNC) is also $5,594,727 in debt.
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 one-seat majority.
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