The National Republican The Congressional Committee (NRCC) reports it has brought in $40.9 million in the past three months, which it says is its best first quarter from January to March. Fund raising already.
the lodge The GOP’s reelection arm reported Friday that its first-quarter numbers were boosted by a haul of $19.4 million last month, which it said is its best ever March.
As he racks up resources to win back a majority in the House of Representatives in November midterm electionsthe NRCC pointed out that it had already raised $180.9 million in the 2022 election cycle, a 45% increase from the $124.5 million it raised at the same time in the 2020 cycle.
The committee said it held $94.7 million in cash at the end of March, nearly double the $48.8 million it had in its coffers at the same point in the 2020 cycle.
“Republicans have the resources, the candidates and the message to retake the majority,” boasted NRCC chairman Rep. Tom Emmer of Minnesota.
The NRCC noted that the leader of the House GOP Kevin McCarthy, R-Calif., transferred $37 million from its fundraising this cycle to the committee, with House GOP Whip Steve Scalise transferring $17.9 and conference president Elise Stefanik $2.2 million. Fox News was first to report Tuesday that McCarthy has grossed a record $31.5 million in the first three months of this year.
“Special thanks to Chief Kevin McCarthy, Whip Steve Scalise, Conference President Elise Stefanik and the hundreds of thousands of generous donors who continue to support our efforts to run winning campaigns across the country,” Emmer said. .
The rival Democratic Congressional Campaign Committee (DCCC) has yet to release fundraising figures for March and the first quarter. The DCCC enjoyed a slight fundraising advantage over the NRCC last year and in the first two months of this year.
As Republicans lost the White House and their Senate majority in the 2020 election, they defied expectations and took a big chunk of the vast majority of House Democrats. The GOP now needs a net gain of just five seats in the 435-seat chamber midterm this year to regain the majority it lost midterm 2018.
As they aim to win back a majority, the Republicans have history on their side. On average, the party that wins the White House in a presidential election loses more than 25 House seats in the ensuing midterm elections. Democrats also currently face a difficult political climate that is made worse by President Biden’s submarine approval ratings.
A national Fox News poll conducted in mid-March indicated that the GOP had a slight edge over Democrats in Congressional preference among voters.
Meanwhile, 30 House Democrats so far have announced they will retire at the end of the current term, or run for another office, rather than run for re-election. That’s nearly double the 17 House Republicans not seeking re-election.
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Home retreats are often seen as an early barometer of things to come mid-term. The last time the House tipped, amid a midterm blue wave in 2018, there were 23 GOP retirements compared to just 10 among House Democrats.
Competitive seats become even more vulnerable without a well-known, well-funded incumbent running for re-election.