The Democratic Party’s main fundraising groups are surpassing the Republican Party’s. The race online isn’t close.
With the 2024 election less than a year away, the Democratic Party’s main fundraising apparatuses are taking the lead from the Republican Party.
According to the latest Federal Election Commission filings for the Republican National Committee (RNC) and the Democratic National Committee, the DNC had raised about $92.9 million in total receipts in 2023 between the beginning of the year and Oct. 31. During the same period, the RNC raised about $74 million.
When comparing previous filings for the same period, it’s the first time the DNC has out-raised the RNC during the first 10 months of the year since 2013.
In terms of cash on hand, the RNC held $9.1 million at the end of October, while the DNC held about $17.6 million. In the past five years, the DNC has typically led the RNC in this category at this time. However, at the same point before the 2020 election—October 2019—the RNC held $61.4 million while the DNC had about $8.7 million.
In a statement provided to The Epoch Times, the RNC said it is spending its money on beating President Joe Biden next fall.
“The RNC…
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