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.
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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.
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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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