RNC Just Blew Through an All-Time Fundraising Record

Posted: Jan 31, 2018 4:15 PM
RNC Just Blew Through an All-Time Fundraising Record

The Republican National Committee announced new fundraising numbers for January Monday afternoon, setting an all-time off-year record for either political party. The news comes less than 24 hours after President Trump's first State of the Union address, which received 75 percent approval from voters who watched. 

"Our strong fundraising numbers reflect voters’ optimism and continued support as President Trump fulfills his promises to the American people, RNC Chairwoman Ronna McDaniel said Wednesday. "In his first year, President Trump delivered a historic tax cut to the middle-class, slashed regulations, and grew our economy. We look forward to electing more Republican leaders to Congress who will support President Trump's winning agenda on behalf of the American people."

The details: 

NC Fundraising Fast Facts:
Receipts for December 2017: $11.1 million
Receipts for 2017: $132.5 million
Total cash on hand: $38.8 million
Debt: $0

The RNC continues to hammer the DNC, which is in disarray in terms of funding and personnel.

RNC vs DNC in 2017:
RNC more than doubled the DNC: $132.5M vs. $65.9M
RNC has six times more cash on hand than the DNC
RNC has $38.8M net cash, DNC has $423K
RNC has $0 debt, DNC has $6.1M

In fact, things are so bad the DNC is on the verge of insolvency. 

The RNC will hold its annual strategy retreat in West Virginia this weekend.