RNC Breaks All-Time Fundraising Record in 2017, Raising $132.5 Million

In this March 3, 2016 file photo, RNC Chairwoman Ronna McDaniel, then the Michigan Republican Party chair, speaks before a Republican presidential primary debate in Detroit. (Photo: AP)

The Republican National Committee (RNC) shattered their all-time fundraising record in 2017, hauling in $11.1 million in December and $132.5 million overall for the year. The annual total for the RNC is the most any party has raised in an off-year and more than double the $65.9 million raised by their counterparts at the Democratic National Committee (DNC).

“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 in a statement emailed to People’s Pundit Daily (PPD). “In his first year, President Trump delivered a historic tax cut to the middle-class, slashed regulations, and grew our economy.”

The RNC now has six times more cash on hand than their counterparts at the DNC. While the RNC boasts $38.8 million total cash on hand and no debt, the DNC has a meager $423,000 cash on hand and $6.1 million in debt.

YTD (Year-to-Date)
Cash on Hand (COH)
RNC $11.1 Million $132.5 Million $38.8 Million $0
DNC  $5.2 Million $65.9 Million $6.3 Million $6.1 Million

Republicans have significantly outpaced Democrats in fundraising for the first time in a non-presidential cycle in 2017. In November, which was the DNC’s worst for that month in 10 years, Chairman Tom Perez claimed that Democratic candidates are out-fundraising Republican candidates, $221 million to $206 million.

However, if you drilled down into the numbers, $31 million of the total House Democrat haul came from Jon Ossoff. He ran a failed and outrageously expensive race against now-Representative Karen Handel in Georgia’s 6th Congressional District.

In July, roughly 8 months after the Democratic Party experienced one of its most devastating defeats in history, Chairman Perez announced an “unprecedented” effort to rebuild the party with a $10 million fund dedicated to state parties. He claimed it would provide hundreds of thousands of dollars to each state party.

Vice News recently reported that the money never arrived.

Meanwhile, the RNC will have more staff on the ground and in more states than they’ve ever enjoyed before. They have teams in 22 states and have trained nearly 7,000 fellows through a program dubbed the Republican Leadership Initiative. That’s more in 2017 than all of 2015 to 2016.

They have also made a sizable and significant investment in big data and their digital operations, helping them to make roughly 11 million voter contacts in 2017 alone. That’s more than any non-election year, ever.

“We look forward to electing more Republican leaders to Congress who will support President Trump’s winning agenda on behalf of the American people,” Chairwoman McDaniel added.

Once filled with hope for a wave in the 2018 midterm elections, the Democrats now find themselves broke to the point of being on the verge of insolvency, and their lead on the generic congressional ballot has vanished.

PPD Elections Staff :Led by R. D. Baris, the People's Pundit, the PPD Elections Staff conducts polling and covers news about latest polls, election results and election data.