House Republicans flip 10-year trend in political fundraising

• In 2017, the Democratic Congressional Campaign Committee (DCCC) led the National Republican Campaign Committee (NRCC) by $8.7 million at this point in the cycle.
• In 2019, the DCCC led by $21 million.
• In 2023, the most recent off year, the gap was even wider at $23 million.

Yes, but: Democrats have more cash on hand, $46.6 million to the NRCC's $45.8 million.

• The DCCC reported $26.6 million in Q3 receipts, outpacing the NRCC's $24 million haul in Q3.
• Democrats also out-fundraised Republicans in Q3 in two-thirds of the "toss-up" House seats with an incumbent running for reelection next year.

What they're saying: "The numbers don't lie: Republicans have the momentum, the message, and the money while Democrats are broke, divided, and out of gas," NRCC spokesperson Mike Marinella told Axios in a statement.

• "The NRCC is grasping at straws because poll after poll shows House Republicans are sinking in battleground districts," DCCC spokesperson Aidan Johnson told Axios in a statement.

The bottom line: The campaign committees head into Q4 effectively tied.

• Year-end fundraising reports covering Oct. 1 to Dec. 31 will show which party was best able to capitalize on the government shutdown.