NEW YORK (AP) — The Republican fundraising committee dedicated to overthrowing the House in next year’s midterm elections said on Thursday it had raised more than $105 million by September this year.
The record increase for the nine-month period marks a 74% increase over the last cycle and includes $25.8 million collected in the third quarter of the year. The group said it now has $65 million in cash on hand, which is nearly three times what it now had four years ago.
“The House Democrats are rushing to the exits because they know their days are numbered in the majority, and we look forward to continuing the pressure,” said Tom Emmer, Chairman of the National Republican Congressional Committee.
The numbers are the latest sign that Republicans are energized towards the midterm elections as President Biden’s popularity wanes and history is on their side. The president’s party almost always loses seats in midterm elections, and Democrats currently have only a narrow majority.
The Democrats’ congressional fundraising arm has yet to release its total until September. But last month, the group announced it had raised $10 million in August—beating the $6.5 million of the Republican House campaign committee.
The NRCC raised the Democratic Assembly committee from $45.4 million to $36.5 million during the second quarter of the year ended June 30.
The NRCC totals $19.4 million transferred from House Minority Leader Kevin McCarthy, $10.3 million from House Minority Whip Steve Scalise, and Rep. It includes $1.2 million from Elise Stefanik, who replaced Liz Cheney. Republican Conference seat of the House of Representatives.