Republican Fundraising Reaches Unprecedented New Heights

The main campaign arm for House Republican fundraising, the National Republican Congressional Committee (NRCC) has recently announced a massive fundraising haul of $105M during the first nine months of the 2022 election cycle, an amount that shattered previous records.

This $105M marks a 74 percent increase from the previous election cycle. For instance, the massive third-quarter fundraising skyrocketed to $25.8M, which $10M more than the NRCC raised during the same time period of the previous election cycle. Moreover, the GOP House campaign arm also raised its largest amount of campaign cash during an off-year after hauling in $12.2M during September.

According to Tom Emmer, the Chairman of the NRCC, numerous voters are poised and prepared “to fire Nancy Pelosi,” as well as “hold the failed Biden administration accountable.”

Emmer also continued onward to note that Whip Steve Scalise (R-LA), Minority Leader Kevin McCarthy (R-CA), the GOP conference, and multiple thousands of generous donors are responsible for “[making] these record-breaking fundraising totals possible.”

Emmer also expressed gratitude towards GOP House leadership for their efforts made towards fundraising for the NRCC thus far this year. For instance, House GOP Conference Chair Elise Stefanik (R-NY) has raised $1.2M while Scalise has raised $10.3M. In addition, McCarthy has also raised $19.4M.

The NRCC now has $65M in cash available, or almost triple the amount that the organization had during the previous election cycle.

“House Democrats are sprinting toward the exits because they know their days in the majority are numbered and we look forward to keeping up the pressure,” Emmer remarked.

During the first three quarters of the 2022 election cycle, McCarthy raised nearly $60M, adding that “the contrast is stark” between the GOP and Democrats with only thirteen months left before the midterms.

“Republicans nationwide are fired up to take back the House, while Democrats are running for the exits,” Emmer observed.

The Republican leadership and NRCC are presently fighting for the Republicans to take back control of the House and Senate during the 2022 midterms. Currently, Pelosi’s majority is crumbling, and Democrats are also having difficultly finding viable candidates to offset their Republican challengers.

Due to limited time for finding recruits, as well as with several Democrats looking towards retirement, Pelosi’s likelihood of maintaining a slim Democrat majority is declining.