The Republican and Democratic national parties are ramping up campaign coffers before the 2022 midterm
As it builds resources ahead of next year’s midterm elections, the Republican National Committee (RNC) outperformed rival Democratic National Committee (DNC) according to the latest. fundraising figures Issued by two national party organizations.
RNC reported fundraising of $12.7 million last month and $37.8 million for the July-September third quarter. DNC said it brought in $11.4 million in September and $36.6 million during the full third quarter. The DNC figures include funds raised by the National Party Committee as well as the Democratic Grassroots Victory Fund.
Get Granthshala Business on the go by clicking here
While the RNC outnumbered the DNC over the past three months, Democrats have more money in their coffers, with a reported $74.5 million cash in hand. The RNC reported $70.7 million in the bank.
Both parties are building their campaign coffers before 2022 mid term election, when Democrats will defend their razor-thin majority in the House of Representatives and Senate.