Six party committees have raised a combined $2 billion since January 2019, according to pre-general election campaign finance reports filed with the Federal Election Commission (FEC) on October 22. The reports covered all fundraising and spending between October 1 and October 14.
Democrats and Republicans each have three party committees: a national committee to coordinate overall party objectives and one committee each dedicated to electing members to the Senate and House (referred to as Hill committees). During the 2018 campaign cycle, the six committees spent a combined $1.3 billion. So far in the 2020 cycle, they have spent a combined $1.8 billion out of more than $2 billion in fundraising.
The Republican National Committee (RNC) raised $38.2 million and spent $42.8 million during the first half of October, while the Democratic National Committee (DNC) raised $37.4 million and spent $58.9 million. So far in the 2020 cycle, the RNC has raised 47.9% more than the DNC ($642.6 million to $394.5 million). The RNC’s 47.9% advantage is down from 51.5% at the end of September and 61.9% the month before.
At this point in the 2016 election cycle (the most recent presidential cycle), the RNC had a smaller 16.1% fundraising advantage over the DNC ($290.6 million to $247.3 million).
The Democratic Senatorial Campaign Committee (DSCC) raised $35.3 million and spent $33.6 million during the first half of October, while the National Republican Senatorial Committee (NRSC) raised $19.3 million and spent $23.6 million. So far in the 2020 cycle, the DSCC has raised 10.6% more than the NRSC ($244.3 million to $219.7 million). The DSCC’s 10.6% fundraising advantage is up from 4.2% at the end of September and 1.5% the month before.
On the House side, the Democratic Congressional Campaign Committee (DCCC) raised $12.3 million and spent $45.4 million during the first half of October, while the National Republican Congressional Committee (NRCC) raised $11.7 million and spent $30.4 million. So far in the 2020 cycle, the DCCC has raised 25.1% more than the NRCC ($290.5 million to $225.8 million). The DCCC’s 25.1% fundraising advantage is down from 26.1% at the end of September and 26.3% the month before.
At this point in the 2018 campaign cycle, Democrats had a wider lead in House fundraising and a narrower lead in Senate fundraising. The DSCC had raised 4.5% more than the NRSC ($135.3 million to $129.4 million), while the DCCC had raised 35.9% more than the NRCC ($250.3 million to $174.1 million).
So far in the 2020 campaign cycle, the RNC, NRSC, and NRCC have raised 15.7% more than the DNC, DSCC, and DCCC ($1.088 billion to $929.3 million). Republicans’ 15.7% fundraising advantage is down from 18.7% at the end of September and 24.8% the month before.