TagFundraising

DNC outraises RNC for second consecutive month

The Democratic National Committee (DNC) outraised the Republican National Committee (RNC) in September, its second consecutive month leading in fundraising, according to campaign finance reports filed with the Federal Election Commission.

Last month, the RNC raised $71.8 million and spent $108.6 million, while the DNC raised $76.0 million and spent $62.8 million. So far in the 2020 cycle, the RNC has raised 51.5% more than the DNC ($604.5 million to $357.0 million). The RNC’s 51.5% fundraising advantage is down from 61.9% in September and 78.6% in August.

At this point in the 2016 campaign cycle (the most recent presidential cycle), the RNC had a smaller 19.6% fundraising advantage over the DNC ($270.7 million to $222.5 million).

The Democratic Senatorial Campaign Committee (DSCC) raised $43.8 million and spent $54.7 million last month, while the National Republican Senatorial Committee (NRSC) raised $32.7 million and spent $23.7 million. So far in the 2020 cycle, the DSCC has raised 4.2% more than the NRSC ($209.0 million to $200.3 million). The DSCC’s 4.2% fundraising advantage is up from a 1.5% fundraising disadvantage it had relative to the NRSC in September and a 7.3% fundraising disadvantage it reported as of August.

On the House side, the Democratic Congressional Campaign Committee (DCCC) raised $29.5 million and spent $69.7 million, while the National Republican Congressional Committee (NRCC) raised $23.1 million and spent $38.8 million. So far in the cycle, the DCCC has raised 26.1% more than the NRCC ($278.3 million to $214.1 million). The DCCC’s 26.1% advantage is down from 26.3% in September and 26.2% in August.

At this point in the 2018 campaign cycle, Republicans led in Senate fundraising, while Democrats led in House fundraising. The NRSC had raised 4.9% more than the DSCC ($114.3 million to $108.8 million), while the DCCC had raised 33.5% more than the NRCC ($228.6 million to $163.0 million).

So far in the 2020 campaign cycle, the RNC, NRSC, and NRCC have raised 18.7% more than the DNC, DSCC, and DCCC ($1.019 billion versus $844.3 million). Republicans’ 18.7% fundraising advantage is down from 24.8% in September and 32.6% in August.

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Illinois Gov. Pritzker and Citadel CEO Griffin are funding the campaigns surrounding the state’s graduated income tax ballot measure

Over $107 million has been raised for and against a constitutional amendment that would allow for a graduated income tax in Illinois. On November 3, voters will decide the constitutional amendment, which wouldn’t require a graduated income tax itself. Rather, the amendment would repeal the state constitution’s requirement that the state personal income tax is a flat rate. In 2019, the Illinois State Legislature passed a bill that would enact a graduated income tax with six brackets should voters approve the amendment.

Gov. J.B. Pritzker advocated for a graduated income tax on the campaign trail in 2018. Through October 2, Pritzker provided $56.50 million, or 96 percent, of the support campaign’s $59.00 million. “People like me should pay more and people like you should pay less,” said Pritzker.

Opponents of the constitutional amendment have organized several PACs, which together raised $58.69 million through October 2. Kenneth Griffin, CEO of the investment firm Citadel, contributed $46.75, or 96 percent, of the opposition campaign’s total funds. Griffin said a graduated income tax would mean “the continued exodus of families and businesses, loss of jobs and inevitably higher taxes on everyone.”

Pritzker and Griffin have each provided 96 percent of their respective side’s total campaign funds. On the support side, other top donors include the AARP ($674,445), the Omidyar Network ($500,000), and the National Education Association ($350,000). On the opposition side, other top donors include the Illinois Opportunity Project ($550,000), Duchossois Group Executive Chair Craig Duchossois ($200,000), and Petco Petroleum CEO Jay Bergman ($200,000).

Of the 128 statewide ballot measures in 2020, the Illinois constitutional amendment has the second-largest sum of contributions to its support and opposition campaign. In September, The Chicago Tribute reported that the Illinois constitutional amendment “is expected to be the most expensive ballot proposition debate in Illinois history.”

The most expensive in the country for 2020 is California Proposition 22, which would define app-based drivers as independent contractors. The combined support and opposition campaign contributions exceeded $200 million on October 2. Uber, Lyft, Instacart, Doordash, and Postmates provided $186.19 million to the campaign supporting Proposition 22. Opposing PACs received $13.91 million through October 2, with top funders including labor unions, such as the International Brotherhood of Teamsters, SEIU-UHW West, and Service Employees International Union.


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Comparing state legislative fundraising from 2018 to 2020

The value of money in state-level politics extends beyond purchasing power. Campaign cash allows candidates to promote their message and turn out their voters, but perhaps more importantly, it may represent momentum. While having the biggest campaign account is no guarantee of success at the polls, studies conducted by the Center for Responsive Politics and the Campaign Finance Institute found a strong correlation.

As part of Ballotpedia’s partnership with Transparency USA, we took a closer look at how the two major political party candidates for state legislatures in nine states—Arizona, Florida, Michigan, Minnesota, North Carolina, Ohio, Pennsylvania, Texas, and Wisconsin—performed with fundraising in a cycle-vs-cycle comparison from 2018 to 2020.

Semiannual reports in each state during the 2020 election cycle show the following:

• Arizona: Republican candidates for the Arizona State Legislature had raised $5.4 million, while Democrats had raised $4.2 million. Similarly, Republican candidates had raised on average $51,490, while Democrats had raised on average $48,450.
• Florida: Republican candidates for the Florida State Legislature had raised $20.6 million, while Democrats had raised $9.8 million. Similarly, Republican candidates had raised on average $108,513.51, while Democrats had raised on average $37,424.07.
• Michigan: Democratic candidates for the Michigan House of Representatives had raised $5.3 million, while Republicans had raised $4.8 million.
• Minnesota: Democratic candidates for the Minnesota State Legislature had raised $2.8 million, while Republicans had raised $1.9 million. Similarly, Democrats had raised on average $11,874, while Republicans had raised on average $8,577.
• North Carolina: Republican candidates for the General Assembly of North Carolina had raised $13.6 million, while Democrats had raised $12.4 million. Similarly, Republicans had raised on average $68,376, while Democrats had raised on average $59,545.
• Ohio: Republican candidates for the Ohio General Assembly had raised $14.9 million, while Democrats had raised $4.4 million. Similarly, Republicans had raised on average $101,326, while Democrats had raised on average $34,807.
• Pennsylvania: Democratic candidates for the Pennsylvania General Assembly had raised $22.8 million, while Republicans had raised $14.4 million. Similarly, Democrats had raised on average $86,702, while Republicans had raised on average $64,587.
• Texas: Republican candidates for the Texas State Legislature had raised $28.3 million, while Democrats had raised $24.9 million. Similarly, Republicans had raised on average $152,953, while Democrats had raised on average $119,046.
• Wisconsin: Democrats had raised $3.3 million, and Republicans had raised $3.2 million. On average, Democrats had raised $20,547, while Republicans had raised on average $21,640.

The direct comparison between fundraising data from 2018 and 2020 is limited by at least two factors. First, the same seats and offices were not necessarily up for election in both years. For example, Michigan held elections for both chambers (the state Senate and House of Representatives) in 2018, but only for the state House in 2020. Second, additional offices on the ballot in a year might affect the amount of money raised in state legislative elections. For example, among the states studied, Florida, Minnesota, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin all held gubernatorial elections alongside their state legislative elections in 2018 but not 2020.

For overviews on all nine states, including comparisons to 2018 fundraising, click the link below:

 



DNC outraises RNC for the first time since March

The Democratic National Committee (DNC) outraised the Republican National Committee (RNC) for the first time since March last month, according to September 2020 campaign finance reports filed with the Federal Election Commission Sunday.

Last month, the RNC raised $67.6 million and spent $62.6 million, while the DNC raised $78.4 million and spent $26.7 million. So far in the 2020 cycle, the RNC has raised 61.9% more than the DNC ($532.7 million to $281.0 million). The RNC’s 61.9% fundraising advantage is down from 78.6% in August and 75.0% in July.

At this point in the 2016 campaign cycle (the most recent presidential cycle), the RNC had a smaller 24.2% fundraising advantage over the DNC ($231.3 million to $181.4 million).

The Democratic Senatorial Campaign Committee (DSCC) raised $26.9 million and spent $26.0 million last month, while the National Republican Senatorial Committee (NRSC) raised $19.0 million and spent $21.8 million. So far in the 2020 cycle, the NRSC has raised 1.5% more than the DSCC ($167.7 million to $165.2 million). The NRSC’s 1.5% fundraising advantage is down from 7.3% in August and 6.5% in July.

On the House side, the Democratic Congressional Campaign Committee (DCCC) raised $22.7 million and spent $15.8 million, while the National Republican Congressional Committee (NRCC) raised $17.3 million and spent $15.6 million. So far in the cycle, the DCCC has raised 26.3% more than the NRCC ($248.8 million to $191.0 million). The DCCC’s 26.3% advantage is up from 26.2% in August and 25.9% in July.

At this point in the 2018 campaign cycle, Democrats led in both Senate and House fundraising. The DSCC had raised 7.8% more than the NRSC ($98.2 million to $90.9 million), while the DCCC had raised 31.3% more than the NRCC ($206.4 million to $150.5 million).

So far in the 2020 campaign cycle, the RNC, NRSC, and NRCC have raised 24.8% more than the DNC, DSCC, and DCCC ($891.4 million versus $695.0 million). The Republican fundraising advantage is down from 32.6% in August and 30.1% in July.

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Biden gains cash advantage over Trump for first time in 2020 presidential election cycle

Joe Biden outraised Donald Trump by $150 million according to campaign finance reports filed with the Federal Election Commission on September 20.

The Biden campaign raised $212 million in August, a percentage difference of 109% from the Trump campaign’s $62 million. Biden’s campaign spent $130 million to Trump’s $61 million. As of August 31, the Biden campaign had $60 million more in cash on hand than the Trump campaign ($181 million to $121 million), marking the first time his campaign has held a cash advantage over Trump. Biden also leads Trump in overall fundraising for the first time, cumulatively raising $541 million to Trump’s $476 million.

Biden’s campaign more than quadrupled its receipts from July in August ($50 million to $212 million), while Trump’s receipts declined by $10 million ($72 million to $62 million).

Biden’s $541 million in overall fundraising is the second-highest figure for any presidential candidate at this point in the past four cycles. The only candidate to have outraised him was Barack Obama (D), who had raised $598 million in inflation-adjusted funds at this point in 2008. Biden’s cash-on-hand total of $181 million is the highest of any candidate’s at this point in the election cycle, topping Trump’s $121 million this year and Obama’s $102 million in inflation-adjusted cash on hand in September 2012.

Biden and Trump’s combined $1 billion in fundraising is the highest across the four most recent election cycles. At this point in the 2008 campaign, Barack Obama and John McCain (R) had raised a combined inflation-adjusted $908 million.

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RNC outraises DNC by nearly three-to-one

The Republican National Committee (RNC) outraised the Democratic National Committee (DNC) by nearly three-to-one last month, according to July 2020 campaign finance reports filed with the Federal Election Commission Monday. This was the third month in a row in which the RNC outraised the DNC.

The RNC raised $36.9 million and spent $19.0 million, while the DNC raised $12.6 million and spent $15.2 million. So far in the 2020 cycle, the RNC has raised 75.0% more than the DNC ($409.7 million to $186.2 million). The RNC’s 75.0% fundraising advantage is up from 72.9% in June and 72.4% in May.

At this point in the 2016 campaign cycle (the most recent presidential cycle), the RNC had a smaller 40.7% fundraising advantage over the DNC ($180.7 million to $119.5 million).

The National Republican Senatorial Committee (NRSC) raised $14.0 million and spent $23.5 million last month, while the Democratic Senatorial Campaign Committee (DSCC) raised $13.6 million and spent $8.2 million. So far in the 2020 cycle, the NRSC has raised 6.5% more than the DSCC ($133.6 million to $125.1 million). The NRSC’s 6.5% fundraising advantage is down from 7.0% in June and 8.8% in May.

On the House side, the Democratic Congressional Campaign Committee (DCCC) raised $17.1 million and spent $9.3 million, while the National Republican Congressional Committee (NRCC) raised $13.6 million and spent $6.9 million. So far in the cycle, the DCCC has raised 25.9% more than the NRCC ($207.8 million to $160.1 million). The DCCC’s 25.9% fundraising advantage is down from 26.2% in June and 27.8% in May.

At this point in the 2018 campaign cycle, Democrats led in both Senate and House fundraising. The DSCC had raised 15.0% more than the NRSC ($87.2 million to $75.0 million), while the DCCC had raised 27.6% more than the NRCC ($177.4 million to $134.4 million).

So far in the 2020 cycle, the RNC, NRSC, and NRCC have raised 30.1% more than the DNC, DSCC, and DCCC ($703.4 million versus $519.2 million). The Republican fundraising advantage is up from 29.3% in June and 28.9% in May.

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RNC outraises DNC by nearly two-to-one, Republican Hill committees outraise Democratic counterparts

The Republican National Committee (RNC) outraised the Democratic National Committee (DNC) by nearly two-to-one in April, according to campaign finance reports filed with the Federal Election Commission on May 20. The DNC had reported its best fundraising totals of the campaign cycle in March 2020, outraising the RNC for the first time since October 2018.

The National Republican Senatorial Committee (NRSC) raised $11.5 million and spent $6.2 million last month, while the Democratic Senatorial Campaign Committee (DSCC) raised $9.0 million and spent $5.0 million. So far in the 2020 cycle, the NRSC has raised 8.8% more than the DSCC ($109.5 million to $100.3 million). The NRSC’s 8.8% fundraising advantage is up from 7.0% in April but down from 10.1% in March.

On the House side, the National Republican Campaign Committee (NRCC) raised $11.4 million and spent $8.0 million, while the Democratic Congressional Campaign Committee (DCCC) raised $11.3 million and spent $9.6 million. So far in the cycle, the DCCC has raised 27.8% more than the NRCC ($179.8 million to $135.9 million). The DCCC’s 27.8% fundraising advantage is down from 30.0% in April and 30.9% in March.

At this point in the 2018 campaign cycle, Democrats led in both Senate and House fundraising, although their advantage in the House was smaller than in this cycle. The DSCC had raised 17.6% more than the NRSC ($76.3 million to $63.9 million), while the DCCC had raised 21.5% more than the NRCC ($150.9 million to $121.6 million).

Last month, the RNC raised $27.1 million and spent $27.0 million to the DNC’s $15.3 million in fundraising and $10.7 million in spending. So far in the 2020 cycle, the RNC has raised 72.4% more than the DNC ($345.7 million to $161.9 million). The RNC’s 72.4% fundraising advantage is down from 73.9% in April and 88.4% in March.

At this point in the 2016 campaign cycle (the most recent presidential cycle), the RNC had a smaller 44.0% fundraising advantage over the DNC ($150.4 million to $96.2 million).

So far in the 2020 cycle, the RNC, NRSC, and NRCC have raised 28.9% more than the DNC, DSCC, and DCCC ($591.1 million to $442.0 million). The Republican fundraising advantage is up from 28.4% in April but down from 35.0% in March.

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