Senate GOP Campaign Raised More Than $10 Million in January
A haul of more than $10 million was raked in by the National Republican Senatorial Committee in the month of January. For comparison, the Democratic Senatorial Campaign Committee managed to rake in $8.5 million for the month of January. The NSRC also reported that more online this January than it did in the initial five months of 2018.
Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing in Washington on May 20, 2013. (Mark Wilson/Getty Images)
The National Republican Senatorial Committee (NRSC) made record-breaking fundraising in January, raking in a total of more than $10 million and outdoing Democrats by $1.5 million.
The Democratic Senatorial Campaign Committee (DSCC) in the same month raised more than $8.5 million, the best month of fundraising for the group in the 2020 cycle so far, The Hill reported.
The NRSC has netted a total of $25.2 million this cycle, acquiring more money in January than it did from January to May in 2018, while the DSCC has hauled in $19.7 million so far.
"This unprecedented level of success is a true testament to Senator Young's leadership and our team's ability to harness the incredible Republican grassroots energy building ahead of an important election this fall," NRSC spokesperson Jesse Hunt told The Hill, referring to NRSC chair Sen. Todd Young (R-Ind.) who has taken the lead in this campaign.
Senate Foreign Relations Committee member Sen. Todd Young (R-Ind.) seen on a file photo of April 25, 2017, currently heads the NRNC 2020 election fundraising campaign and has so far raked a $25.2 million war chest to spend on the fall campaign Chip Somodevilla/Getty Images
The RNSC has traditionally raised less money than its Democratic counterpart. During this electoral cycle, however, it has bested the DSCC by a margin exceeding $5 million in total, according to The Washington Examiner.
The rise in funding revenue for Republicans and Democrats parties prompted the outlet to suggest that the impeachment trial and acquittal of President Donald Trump seemed to have spurred a boost to both parties.
Senate Majority Leader Mitch McConnell (R-Ky.) speaks at a press conference in Washington on February 5, 2020. Republicans hold a fragile minority in the Senate by three seats, while several seats, those of Arizona, Colorado, Iowa, Maine, and North Carolina in the balance. Republicans will need all the funds they've acquired for maintaining their majority during the elections this fall. Mandel Ngan/AFP via Getty Images
The RNSC will be needing the money as Republicans, with seats in Arizona, Colorado, Iowa, Maine, and North Carolina in the balance, will be defending its three-seat majority in the Senate this fall. Meanwhile, Democrats have seats in Alabama and Michigan under threat that the Republicans hope to flip.