Dec 21, 2019

Republicans vastly out-raise Dems ahead of 2020

Mike Allen, author of AM

Photo: Nicholas Kamm/AFP via Getty Images

The RNC goes into the presidential election year with more than seven times as much cash on hand as the DNC — $63 million vs. $8.3 million, according to the parties' FEC filings.

Why it matters: Far from putting Republicans back on their heels, impeachment is energizing Trump's base just as the 2020 march to Election Day kicks off.

  • This is a stark new sign of what we've been reporting all year — that President Trump's digitally driven campaign is giving him a massive fundraising and organizing advantage over whoever emerges from the Democratic race.

How it happened: Much of the RNC money is raised jointly with the Trump campaign.

By the numbers:

  • The RNC has raised $215 million so far to support Trump and Republican candidates on all levels. They are currently targeting Democratic House members in districts Trump won following the recent House impeachment vote.The RNC raised $20.6 million last month, a November record for the party — more than twice as much as the DNC's $8 million, per Politico Playbook.
  • The RNC had $63.2 million cash on hand at the end of November, compared to the DNC which only had $8.4 million, Bloomberg reports.

For now, the DNC has to take a back seat to a bunch of well-organized Democrats who want to be the nominee, while the RNC is free to vacuum up cash with no competition.

  • One well-wired Democrat told me: "25 candidates have spread the wealth a lot. Only good news is that Bloomberg could even the score with a very small stroke of his mighty pen."

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Biden: George Floyd's last words are "a wake-up call for our nation"

Former Vice President Joe Biden meets with clergy members and community activists during a visit to Bethel AME Church in Wilmington, Del. on June 1, 2020. Photo: JIM WATSON/AFP via Getty Images

Vice President Joe Biden is calling George Floyd’s dying words “a wake-up call for our nation,” and criticized President Trump’s decision to unleash tear gas on peaceful protesters outside the White House, in a civil rights speech from Philadelphia on Tuesday.

Why it matters: Biden in the address drew a sharp contrast between himself and Trump, whose first remarks addressing nationwide unrest Monday highlighted law and order, extreme demonstrations of militarized “strength” and other blustery threats.

Updated 31 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 11 a.m. ET: 6,302,318 — Total deaths: 376,322 — Total recoveries — 2,716,924Map.
  2. U.S.: Total confirmed cases as of 11 a.m. ET: 1,812,125 — Total deaths: 105,192 — Total recoveries: 458,231 — Total tested: 17,340,682Map.
  3. Public health: Protests against police brutality threaten coronavirus response.
  4. Business: Coronavirus could lower GDP by $15.7 trillion — More than 1 in 6 black workers lost jobs between February and April.
  5. Climate: The alarm over climate financial risk gets louder because of coronavirus.
  6. Media: Interest in the George Floyd protests has soared past the coronavirus.

The business of tear gas

Illustration: Eniola Odetunde/Axios

U.S. forces yesterday used tear gas on peaceful protesters outside the White House gates, prior to a declared curfew, clearing a path for President Trump to visit a riot-damaged church for a photo opportunity.

The state of play: Two of the largest U.S. producers of tear gas are owned by private equity firms, but those firms have no interest in discussing their ownership.