Donors have not cut as many large checks to the RNC in recent years, and the party’s small-dollar program has also suffered
The Republican Party’s finances are increasingly worrisome to party members, advisers to former president Donald Trump, and other operatives involved in the 2024 election effort, according to 10 people familiar with the matter.
The Republican National Committee disclosed that it had $9.1 million in cash on hand as of Oct. 30, the lowest amount for the RNC in any Federal Election Commission report since February 2015. That compares with about $20 million at the same point in the 2016 election cycle and about $61 million four years ago, when Trump was in the White House.
The Democratic National Committee reported having $17.7 million as of Oct. 30, almost twice as much as the Republican Party, with one year before the election.
I’m shocked the numbers are so small. It sounds like any billionaire could buy enough ads to drown out everything else with nothing more than their pocket change.
This is to the party itself, and more specifically the RNC. This doesn’t include donations to individual campaigns, nor things like super PAC money, which are often many times greater.