House Republicans defeat Democrats in midterm funding battle
House Republicans’ fundraising agencies greatly surpassed Democrats’ fundraising agencies in the second quarter, revealing how a divided Republican party can raise huge sums of money before next year’s midterm elections.
Data from the National Republican Congressional Committee (a fundraising tool dedicated to electing Republicans into the lower house of Congress) shows that the National Republican Congressional Committee raised more than $45.5 million in the second quarter, including more than $20 million in June . Kevin McCarthy’s $6.5 million donation and House Republican No. 1 and No. 2 Steve Scarlis’ $4.5 million transfer drove these figures.
In contrast, the Democratic Congressional Campaign Committee, which recruited and funded Democratic House candidates, raised $36.5 million in the second quarter and nearly $14.4 million in June. The internal affairs committees of the parties released fundraising data before the July 20 application deadline.
Brendan Glavin, a senior data analyst at OpenSecrets, a nonpartisan research organization, said: “If the trend continues, Republicans should do well.”
Mr. Gravin said that history has helped the party lose power in congressional elections after the first two years of the presidency. He added that due to the failure of the Democrats in 2020, the massive fundraising of Republicans shows that “optimism for next year is combined with the fact that the Democratic majority has a very narrow majority.”
In recent months, Republicans have been able to demonstrate their fundraising power, even in Donald Trump Resignation has exposed a huge rift in the party’s future. Another disclosure revealed that the Republican National Committee surpassed the Democratic National Committee in May, raising $70.4 million, while the Democratic National Committee raised $68.7 million.
Republicans in Congress are divided on whether to continue to support the former president. Trump was banned by most social media platforms for allegedly encouraging the congressional riots on January 6 and his continued false claims that the election was “stolen”. Some Republicans hope to take a more moderate path before next year’s midterm elections, when both the House of Representatives and the Senate will compete for control. Trump does not rule out running for president again in 2024.
Many Republicans worry that their fundraising funds will dry up after January 6, after several large American companies withdrew their donations to people in the Republican Party who voted against proving Joe Biden’s election.
But the latest Federal Election Commission documents from congressional candidates show that as the midterm elections approach next year, the Republicans continue to hoard cash.
Although Trump lost the White House in the November election, the Republicans won in the House of Representatives and reduced Democratic Party‘most. Although the Democrats now control the Senate, the balance of power in the upper house is unstable: a 100-member institution is split between the Democrats and Republicans at a 50-50 ratio, and Vice President Kamala Harris can vote Tiebreaker.
The National Republican Senate Committee, which is dedicated to electing Republicans to the Senate, said it raised $28 million in the second quarter and $10.5 million in June. The Democratic Senate Campaign Committee has not disclosed its fundraising data for the second quarter.
Trump, who recently held campaign rallies in Ohio and Florida and participated in the conservative conference CPAC in Texas, has recently reappeared on the national political stage. He has supported many congressional candidates in campaigns across the country. However, the latest data provide a mixed picture of the value of Trump’s endorsement.
Republican Senator Tim Scott from South Carolina won Trump’s support in March, and he has built a national brand through efforts to take the lead in promoting the two-party police reform negotiations. .
According to FEC documents, Scott raised $9.6 million in the second quarter, up from $2.1 million in the first quarter. This made Scott — who was re-elected in 2016 with more than 60% of the vote — the second most successful Senate fundraiser in the second quarter. He is second only to Chuck Schumer, the top Democrat in the Senate. He is a powerful fundraiser and has a record of providing cash to other Democratic candidates.
Meanwhile, the centrist Republican Senator Lisa Murkowski from Alaska will face a major challenge next year from fellow Republican Kelly Tshibaka, who Trump supported last month. The former president stated that Murkowski was one of seven Republicans in the Senate because of his role in the January 6 riots and voted to convict him in the impeachment trial. Murkov Sky is “bad for Alaska.”
But Murkowski raised $1.1 million in the second quarter and had $2.3 million in cash on hand. Her income is more than double that of Tshibaka, who raised only $544,000 in the same three-month period and deposited approximately $275,000 in the bank at the end of the quarter.
Murkowski’s election highlights the trend of the few Republican Trump critics who have been able to raise large sums of money in recent months.
FEC documents show that Liz Cheney, a Republican in the House of Representatives, was removed from his leadership post for opposing the president. He earned nearly US$2 million in the second quarter and US$1.5 million in the first quarter, leaving her with 280 Ten thousand dollars in cash will be available at the end of June.
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