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House Republicans flip 10-year trend in political fundraising

House Republicans flip 10-year trend in political fundraising
The House Republican campaign arm has a $720,310 edge against its Democratic counterpart in year-to-date fundraising, its first off-year lead since 2015.Why it matters: The GOP lead is small. But it's a huge upgrade for Republicans from prior years of Democrats dominating early fundraising, including during President Trump's first term.In 2017, the Democratic Congressional Campaign Committee (DCCC) led the National Republican Campaign Committee (NRCC) by $8.7 million at this point in the cycle.In 2019, the DCCC led by $21 million.In 2023, the most recent off year, the gap was even wider at $23 million.Yes, but: Democrats have more cash on hand, $46.6 million to the NRCC's $45.8 million.The DCCC reported $26.6 million in Q3 receipts, outpacing the NRCC's $24 million haul in Q3.Democrats also out-fundraised Republicans in Q3 in two-thirds of the "toss-up" House seats with an incumbent running for reelection next year.What they're saying: "The numbers don't lie: Republicans have the momentum, the message, and the money while Democrats are broke, divided, and out of gas," NRCC spokesperson Mike Marinella told Axios in a statement."The NRCC is grasping at straws because poll after poll shows House Republicans are sinking in battleground districts," DCCC spokesperson Aidan Johnson told Axios in a statement.The bottom line: The campaign committees head into Q4 effectively tied.Year-end fundraising reports covering Oct. 1 to Dec. 31 will show which party was best able to capitalize on the government shutdown.

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