Democrats Fundraising Woes Continue, As GOP Reels in the Big Bucks

Just in case you haven’t been paying attention over the last few months, the Democrat National Committee has had a terrible time raising any support for their candidates.

Perhaps it’s due to the fact that in 2016 they were caught colluding with the Clinton campaign to make sure that Hillary Clinton would be the Democrat nominee. Many Democrat donors were angered to learn that their democratic process had been undermined by the very people they were donating to. Or maybe it’s simply a function of how far left the Democrats have been trending? Most mainstream, moderate Democrats no longer feel comfortable funding the far-left activities of Democrats in New York, California, or Illinois? The average Pennsylvania Democrat (or Democrat from other middle-America communities) probably feels comfortable voting for their congressman, who they see as a moderate, but not for leftists like Bernie Sanders, Nancy Pelosi, or Chuck Schumer.

We may never know why the DNC’s funding is drying up, but it is…

Meanwhile, the Republican National Committee has not seen a similar slowdown in their fundraising. In fact, some months the GOP has actually seen higher than normal fundraising thanks to small donations from supporters of President Trump.

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From an October report in McClatchyDC:

The Republican National Committee raised more than $100 million in the first nine months of 2017, marking the first time it has raised that much, that fast, in a non-presidential election year.

The record-breaking fundraising can be largely attributed to a flurry of small-dollar donors responding to fundraising appeals by the first Republican president in eight years, Donald Trump, according to a new report to be released later this week and obtained by McClatchy.

The numbers give Republicans a large cash advantage over Democrats as they look to retain control of both chambers of Congress in the midterm elections next year.

If things looked bad in October, they grew worse in November:

The Republican National Committee raised $9.2 million in the month of October and has brought in more than $113 million so far this year, far outpacing their Democratic counterparts, according to the latest filings with the Federal Election Commission.

The RNC ended October with $42.5 million in the bank and no debt. The Democratic National Committee, meanwhile, raised $3.9 million in October and $55 million this year.

The DNC has $5 million cash-on-hand and $3.2 million in debt.

Then in December we learned that the RNC had it’s best fundraising November EVER.

The Republican National Committee announced Wednesday it raised $8.2 million in November, outraising the Democratic National Committee by $2.5 million.

The RNC’s November haul brings its 2017 fundraising total to $121.4 million. It is also the most the national campaign committee has ever raised in the November of a non-election year, according to the RNC…

While the DNC’s fundraising has been sluggish, the RNC has seen a boost in fundraising since President Trump took office.

In fact, the RNC raised more than double the funds in 2017 than their Democrat counterparts.

Altogether, the RNC hauled in $132.5 million in 2017, making it a record-breaking sum for the Republican Party in a non-election year, with the totals expected to be double what the DNC took in, a GOP official told the Washington Examiner.

The Democrats only managed to raise about $66 million in 2017 but the disparity is actually worse than it seems at first blush.

While the Democrats raised $66 million they begin 2018 “dead broke.”

As Democrats prepare to go to war over retaking Congress, it may be rather difficult, because the Democratic National Committee is nearly broke.

In FEC filings closing out 2017, the party appears to be starting the new year $6.1 million dollars in debt, with just $6.5 million in the bank. That leaves the DNC with just $400,000.
Meanwhile, the Republican National Committee has amassed quite a fortune. Their filings show zero debt with nearly $40 million in the bank. 

When asked to explain why the DNC was faring so poorly in the fundraising race, DNC Chairman Tom Perez had an interesting excuse. He blamed the tax cuts…

“The notion that Republicans have outraised Democrats is not a new proposition. Back in 2005, the Republican National Committee outraised the Democratic National Committee two to one. And we took over the House of Representatives in 2006.

And this year we had our best year since 2013. Republicans have more wealthy donors. We are talking to ordinary Americans. We are not talking to simply the one percent. We raise more money in 2013. We don’t raise as much money as the Republicans because quite simply they got this massive tax cut that benefits corporations and very, very wealthy people.”

There are a couple of problems with this answer; first as IJReview points out, in 2016 Hillary Clinton out-raised Donald Trump among billionaire donors by a 20 to 1 ratio. (Yes, that says 20 to 1.) Today, the Democrats are the party of the wealthy. Secondly, as many of the news stories covering the fundraising race in 2017 pointed out – the surge in GOP donations came from donors giving LESS than $200. Check out some of these headlines:

February 2017: President Trump shatters small-donor records, gets head start on 2020 race

September 2017: Trump shatters GOP records with small donors

September 2017: The Democrats’ Big Problem: Shortage Of Small Donors

October 2017: Trump supporters net GOP $40.3M in small donations

And these are only a small selection of the articles detailing how the GOP and President Trump scored BIG with SMALL donations in 2017.

Perez is simply wrong about why the RNC out-raised the DNC, and unless he and the Democrats face facts they’re likely to lose the fundraising battle again in 2018.

There is better news for Democratic Congressional Campaign Committee (DCCC) which did a far-better job raising money than their friends in the DNC did in 2017. 🇺🇸

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