The Democratic National Committee (DNC) says it has the most money on hand — $20 million — it’s ever had heading into an election year, reporting double the Republican National Committee‘s (RNC) $10 million.
DNC national press secretary Sarafina Chitika said Republicans are “setting themselves up for another painful election year thirsty for cash while the DNC builds a record-setting war chest to elect Democrats up and down the ballot.”
Chitika said the GOP is lighting “money on fire fighting among themselves,” whereas “Democrats are unified and making the early investments” for a Biden victory.
RNC spokesperson Anna Kelly told The Hill, as Julia Mueller reported, that Democrats are “lighting money on fire with tone-deaf ads that are failing to cover for Biden’s record of failure or boost his abysmal approval ratings.”
Kelly said the RNC is “investing early to staff up in House, Senate, and presidential battlegrounds, file over 70 election integrity lawsuits in 20 states, and open minority community centers across the country.”
The latest Federal Election Commission filings, which were due Wednesday, show finance figures through Nov. 30.
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The DNC brought in roughly $12 million in November, including direct fundraising and transfers from joint fundraising and affiliated committees, compared to the RNC’s $8 million.
- For the first 11 months of the year, the DNC reported
$105 million in receipts to the RNC’s $82 million.
Year-end reports for 2023 are due Jan. 31, 2024.