To say the Republican National Committee outpaced the Democratic National Committee in fundraising last month would be a bit of an understatement. According to federal campaign finance reports filed on Sunday, the RNC out-raised its Democratic counterpart by almost 400 percent during the month of September.
The RNC’s report shows the committee pulling in a hefty $27.32 million for last month with zero debts, while the DNC’s numbers indicate $6.98 million in donations and $7.23 million in debts.
An RNC blog post touts the party’s haul as “the BEST off-cycle month in history for either party.”
“While Democrats are focused on their political vendetta against President Trump,” the post reads, “the RNC is seeing record-breaking support allowing us to continue to invest in our ground game to help win back the House, expand our majority in the Senate, and re-elect President Trump in 2020.”
These are just the latest numbers in a very successful year for GOP donations. The committee reported that it — along with the Trump campaign — had pulled in $125 million during the third quarter, bringing cash on hand to $158 million.
In fact, President Donald Trump’s re-election campaign says it pulled in almost $25 million in the 24 hours after formally announcing his re-election in June and then $15 million in small donations in the three days after Speaker Nancy Pelosi, D-Calif., announced impeachment efforts against him in September.
Furthermore, the Democratic Party’s money troubles could get even worse, depending on who wins its 2020 presidential primary. Last month, CNBC reported that Democratic Wall Street donors may sit out or support Trump in 2020 if Sen. Elizabeth Warren, D-Mass. — who has pulled ahead of former Vice President Joe Biden in some recent polls — gets the party’s nomination. “You’re in a box because you’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to hurt me, so I’m going to help President Trump,’” one executive told the outlet.