Republicans continue to beat Democrats in fund raising?
Washington Examiner:
The Republican National Committee revealed Tuesday that it raised $12.4 million in January 2018 — up from $11.1 million in December 2017.Individual Democrat candidates seem to be doing better than the DNC. If it were not for that the party would be virtually insolvent.
"As we head into the 2018 midterm elections, the Republican Party continues to break fundraising records," RNC chairwoman Ronna Romney McDaniel said in a statement. "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."
The RNC also said it raised $144.9 million overall in the 2017-2018 cycle and has a total of $40.7 million cash on hand. The group is saddled with zero debt.
Last month, the RNC reported raising $132.5 million in 2017 — a record amount for a non-election year.
In contrast, the Democratic National Committee had struggled in recent fundraising efforts.
The DNC's January 2017 haul has yet to be revealed. The DNC did not respond to a media request from the Washington Examiner at the time of publication.
However, the DNC raised $67 million during the entirety of 2017, half the haul of the RNC. The DNC also revealed the committee had $6.5 million cash on hand, although it had a debt of $6.2 million.
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