House Democrats Pummel Republicans in August Fundraising
The House Democratic political arm far outpaced Republicans in August, just as both parties prepared to unleash their war chests for the midterms.
The Democratic Congressional Campaign Committee raised more money than its GOP counterpart every month this cycle — but August marked an especially brutal thrashing. Last month, the DCCC raised more cash than the National Republican Congressional Campaign Committee by more than two-to-one. The DCCC raised $10.2 million last month, compared to the NRCC’s $4.4 million haul, according to sources from both committees.
Democrats headed into the fall campaign with a significant cash-on-hand advantage as well. The DCCC will report $54.5 million in cash on hand, while the NRCC had $45.7 million.
Both committees had final fundraising pushes when Congress was in session. At a member dinner on Tuesday, DCCC Chairman Steve Israel, a New York Democrat, announced to his caucus that the Democratic National Committee pledged to transfer $2 million to the DCCC.
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