Republican candidates rake in the cash
One of the main disadvantages Republicans have faced over the last few cycles has been a disparity in candidate dollars.
But heading into 2022 that’s no longer the case.
Thanks to the tireless efforts of House Republican leadership, the NRCC, GOP outside groups, and the entire GOP financial ecosystem, Republicans have eliminated Democrats’ money advantage.
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House FEC Chart: GOP Closes Money Gap
POLITICO | Ally Mutnick , Allan James Vestal
February 1, 2022
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House Republicans spent 2021 erasing Democrats’ fundraising advantage. Now they are overtaking them.
Campaign finance reports filed Monday paint an encouraging picture for the GOP’s chances of recapturing the House majority. Buoyed by their WinRed small-dollar fundraising platform, Republican candidates are outraising Democrats in several key races and turning a favorable political environment into a cash windfall with just eight months until Election Day.
A telling statistic: At least 53 Republicans raised over $500,000 in the fourth quarter, compared to 38 Democratic candidates, according to a POLITICO analysis of the data. That’s a marked difference from the third quarter of 2021 , when a roughly equal number of candidates from each party cleared the half-million mark. It’s a sign of GOP momentum that portends trouble for House Democrats, who have long enjoyed the financial edge. For example, back in the fourth-quarter of 2019 — the same point in the last election cycle — some 60 Democrats raised more than $500,000, but only 27 Republicans did.
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