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Terry McAuliffe (left) and Glenn Youngkin speak during a debate last month. Photo: Win McNamee/Getty Images

Democrat Terry McAuliffe may be trouncing Glenn Youngkin in fundraising, but when it comes to dollars from donors in Virginia — the state where they're battling to become governor — the Republican has the edge.

Why it matters: With tight polls between the two gubernatorial candidates less than two weeks before Election Day, the parties are also looking to fundraising as a predictor of success.

  • Youngkin's in-state support is a warning sign for the McAuliffe campaign.
  • The outcome has national implications, since political leaders — specifically Democrats — view it as a bellwether for how well they'll perform in the 2022 midterms.

By the numbers: Youngkin, a former Carlyle Group co-CEO and multimillionaire, has donated $16.5 million to his campaign.

  • Setting aside his personal loans to his campaign, he's outraised McAuliffe in Virginia in raw cash contributions by over $549,000 — $14.2 million to $13.6 million, respectively.
  • Additionally, a majority (59%) of Youngkin’s cash donations are from within Virginia, while a majority (64%) of McAuliffe’s are from outside the state.

The backdrop: Recent campaign finance reports show McAuliffe raised $12.6 million in September, compared to Youngkin's $7 million.

  • Excepting Youngkin's donations to his own campaign, McAuliffe is outraising him by more than $15 million for the year.
  • McAuliffe also has received a larger boost from his national party apparatus: the Democratic Governors Association has given his campaign more than $12 million, compared to less than $6 million that the Republican Governors Association gave to Youngkin.

Between the lines: Even within Virginia, the candidates have distinct financial power centers.

  • McAuliffe has raised far more in Northern Virginia and the D.C. suburbs.
  • Youngkin has a clear advantage in the South Hampton Roads region surrounding Norfolk and Virginia Beach.

What they're saying: McAuliffe disputed any fundraising lead for Youngkin during an interview with Axios on Wednesday.

  • "I outraised him. Take out his $16 million. Pick that out. I have seven times more donors than he has, and mine are under $35," McAuliffe said.
  • Later, in a statement, he added: “We have built the largest grassroots army in Virginia history and I am so proud of my supporters from every corner of the Commonwealth."
  • Matt Wolking, a spokesman for Youngkin, told Axios: “On the ground, the race is breaking toward Youngkin and it’s not hard to see why.”

Go deeper

What the infrastructure bill means for the D.C. region

A freight train on Long Bridge that crosses the Potomac River. Photo: Michael S. Williamson/The Washington Post via Getty Images

The $1.2 trillion infrastructure package headed to President Biden's desk would continue funding Metro through 2030 and cover hundreds of miles of road projects across the region.

  • The bill also includes funding to replace lead water pipes, expand broadband access, install electric vehicle charging stations, fund bridge projects, and more.
Updated Nov 14, 2021 - Politics & Policy

Post-Trump GOP doctrine

Illustration: Sarah Grillo/Axios

Republicans — reshaped, controlled and defined by Donald Trump since 2015 — are slowly but surely charting a post-Trump ideology and platform.

Why it matters: Other than conservative courts, toughness on immigration and hostility toward modern liberalism, it's been impossible to specify the core and connective ideology of Republicans under Trump.  

First look: What your congressional district is Googling

Data: Google Trends; Maps: Jacque Schrag/Axios

Glenn Youngkin's victory in Virginia's gubernatorial race drove a wave of Google searches throughout the state for topics related to critical race theory — including in the district of one of the most vulnerable House Democrats.

The big picture: In a first-of-its kind project we're unveiling today, one year out from the 2022 midterm elections, Axios and Google Trends will be tracking which political issues voters are searching for in each congressional district over the course of the next year.

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