With the midterms less than a dozen weeks away, the Republican National Committee continues to boast a massive cash advantage over its Democratic counterpart, according to Federal Election Commission disclosures made by both committees on Wednesday.
The filings, which cover the month of July, show that the Democratic National Committee had about $16 million of cash on hand at the end of the month compared with the Republican National Committee’s $130 million in cash.
The DNC also has $17.9 million in debts, though the committee has reduced its debts by roughly 3 percent from the $18.5 million in debts and obligations owed at the end of June.
The Democrats’ fundraising arm has been mired in money issues for months: The Washington Post reported in July that though DNC Chair Ken Martin and allies expected Democratic victories and the approaching midterms to bring major donors back, that hasn’t materialized.
The RNC raised $19 million in July while the DNC raised $9 million.
Regarding the DNC’s spending strategy, a DNC official pointed The Post to a Wednesday Substack post from Martin, where he argued that across the country, “Democrats are showing up.”
“This DNC has raised a record amount from both major donors and grassroots supporters when compared to the last midterm cycle in Trump’s term,” he wrote.
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