Dec 21, 2019

Republicans vastly out-raise Dems ahead of 2020

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."

Go deeper:

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2020 candidates' Q4 fundraising hauls

Bernie Sanders leads the way in fourth quarter fundraising hauls among the Democratic hopefuls who have already announced their numbers, with $34.5 million raised.

By the numbers: Sanders is followed by Pete Buttigieg at $24.7 million — but the Democratic candidates all trail President Trump, whose re-election campaign reportedly collected $46 million.

Go deeperArrowUpdated Jan 3, 2020

Elizabeth Warren's campaign says it raised $21.2 million in Q4

Photo: Scott Eisen/Getty Images

Elizabeth Warren's 2020 presidential campaign said Friday that it raised $21.2 million during 2019's fourth quarter.

Why it matters: It's a disappointing haul for the Massachusetts senator, who raised $24.6 million last quarter, and coincides with a sustained drop in her polling after she briefly challenged Joe Biden for frontrunner status in October.

Go deeperArrowJan 3, 2020

Amy Klobuchar's campaign says it raised $11.4 million in Q4

Photo: Joe Raedle/Getty Images

Amy Klobuchar's 2020 presidential campaign said Friday that it raised $11.4 million during 2019's fourth quarter, Politico reports.

Why it matters: It's the best quarter yet for the moderate Minnesota senator, who pulled in just $4.8 million in Q3, boosted by strong debate performances in the later portion of the year.

Go deeperArrowJan 3, 2020