RNC Sets New Fundraising Records, Almost Tripling DNC Donations in July

According to the Republican National Committee, July was another banner fundraising month, making July their “best off-cycle July in party history.”

The RNC is reporting fundraising stats thusly:

We brought in $20.8 million in receipts in July (nearly 3 times that of the DNC). Cycle to date, the RNC has brought in $117.9 million. We also had our largest online fundraising July ever (1100% more than July 2016 and 1900% more than July 2015).Across the aisle, the DNC continued to struggle to fundraise in July. Not only did they spend more than they raised, they’re mired in over $5.6 million in debt. Cycle to date, Chairwoman McDaniel has raised well over double that of DNC Chair Tom Perez.

More from the WaEx:

“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,” said McDaniel.“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,” she added.Of special note, said the party, the Republican National Committee has $46.6 million in the bank and no debt. And, it claimed, “the RNC has more than doubled the DNC’s fundraising and has no debt. Comparatively, the DNC carries nearly $6 million in debt.”…It has also seen online fundraising explode. According to one official, “it was 1,100% more than July 2016 and 1,900% more than July 2015. Year-to-date, we’ve raised more than double what we raised online in 2016 during the same time period.”

Great gains for the RNC, but it’s also worth keeping in mind that Democrats have a massive fundraising infrastructure, with candidates receiving hefty support from interest groups and unions, relying less heavily on the DNC.

Tags: 2020 Election, RNC, Trump 2020

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