The Republican National Committee continues to smash records with a second consecutive month of $20 million plus raised, easily surpassing the parties other off-year totals. Democrats, meanwhile, have struggles, raising less than half of that with only $8.5 million.
“Last month’s fundraising haul again smashed records, and we continue to directly invest this money into growing our top-notch data-driven infrastructure, recruiting and training thousands of new volunteers, and registering voters across the country,” RNC Chairwoman Ronna McDaniel said in a statement.
The statement continues, “Our fundraising success is further evidence that the American people like the pro-growth agenda and economic record that the Trump Administration and Republicans continue to deliver, and this puts us in a strong position to secure more Republican victories in 2020.”
Democrats appeared to intensify their attacks on the president as the party’s presidential candidates rally together behind an anti-Trump message. A message that clearly didn’t affect GOP efforts, but seems to have negatively impacted a struggling DNC.
The majority of fundraising continued to pour in from small donors, although the percentage of high-dollar donations rose from 33 to roughly 45 percent in July. The Republican Party has consistently attributed its streak of record-breaking fundraising totals to the president and his agenda.
The DNC Chairman Tom Perez is desperately looking to fix the party’s fundraising woes, as he plans to travel to Mexico to hold three party fundraisers next month.
According to the report that broke the news:
“The events range from happy hour drinks with a $25 minimum student entry to a dinner where tickets range from $1,000 to $15,000.
The registration form on the DNC website require that attendees be U.S. citizens or permanent residents and enter passport or green card numbers. It is illegal for foreigners to contribute to American political campaigns.
DNC spokeswoman Xochitl Hinojosa confirmed that Perez will be holding the events.”
For the month of June, Federal Election Commission (FEC) filings show the RNC raised $20.8 million, spent $14.3 million and had $43.5 million in cash on hand, while its Democrat counterpart only took in $8.5 million, spent $7.5 million and had $9.3 million in cash in the bank. However, the DNC also had $5.7 million in debt.
On Tuesday, more news surfaced that the party would even resort to bringing in the wicked witch, otherwise known as former Democratic presidential nominee Hillary Clinton, to hold an October fundraiser to support the party with tickets up to $50,000. After Clinton’s loss in 2016, the party was millions of dollars in debt and faced questions over how it should work to perform better in elections.
Trump’s campaign entities have contributed to Republicans’ total funds by raising large sums of money. Much of the party’s fundraising came from a controversial fundraiser that prompted boycotts against the host’s companies. That event alone brought in $12 million, according to the party’s chairwoman.
In the second quarter, the RNC and Trump’s campaign entities raised a combined $108 million. In just the first 24 hours after he launched his re-election bid, Trump raked in $24.8 million.
By comparison, the top Democratic presidential candidates have raised only $96 million combined.