Republicans report cash advantage over Democrats as both rake in millions in August
From THEHILL.COM
Republicans reported holding cash advantages over Democrats at the end of August as the 2022 midterm cycle heats up.
The campaign arms for House and Senate Republicans and the Republican National Committee (RNC) all finished August with more cash in the bank than their Democratic counterparts, though both sides raised eye-popping sums last month, according to federal campaign finance reports.
The National Republican Congressional Committee (NRCC) reported that it raised $6.5 million, spent $4.7 million and had $58.6 million cash on hand. The Democratic Congressional Campaign Committee (DCCC), its Democratic counterpart, hauled in more money, taking in $10.1 million and spending $6 million. But it finished August with $53.3 million in the bank.
On the Senate side, the National Republican Senatorial Committee (NRSC) took in $8 million and spent $6.9 million, finishing August with $25.2 million going into September. The Democratic Senatorial Campaign Committee (DSCC) raised $6.1 million, spent $5.9 million and had $10.4 million cash on hand.
Republicans also enjoyed an advantage at the party committee level. The RNC raised $12.2 million, spent $16.7 million and finished August with $74.6 million on hand, while the Democratic National Committee (DNC) raised $9.9 million, spent $10 million, and reported $67.8 million on hand.
The records for several of the bodies were the best for an off-year August, leading to pronouncements of their fundraising prowess.
✅ Best off year Augu... (Read more)
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