ProPublica reports the Republican National Committee (RNC) has set yet another fundraising record, while the Democratic National Committee (DNC) registered its lowest figure in April during a midterm election cycle since 2006.
In the same month, the report reveals the DNC had expenditures totaling $8.3 million and finished up with $8.7 million in cash. The party currently owes $5.3 million.
DNC reports raising $7.8 million in April, lowest midterm figure for that month since 2006. Spent $8.3 million and ended month with $8.7 million in cash. Has $5.3 million in debts: https://t.co/d9421PHHK7 pic.twitter.com/t4bOwInidx
— Derek Willis (@derekwillis) May 21, 2018
One million dollars was wired from the party’s “building account,” to the “main federal account,” Derek Willis of ProPublica points out. The DNC paid RWT Production, LLC, a Virginia-based “direct mail production management company,” $304,541.77.
It also looks like $1 million of that was a transfer between the building account and the main federal account:https://t.co/P7X5bBEoqF
— Derek Willis (@derekwillis) May 21, 2018
Under the leadership of chairman Tom Perez (pictured), the party has struggled in comparison to the Republican National Committee, which has seen fundraising soar since President Donald Trump entered the White House in January 2017.
According to filings, the RNC took in $13 million in April — a fundraising record during a midterm election year — and spent $12.1 million. The Party finished the month with a whopping $43.8 million in its coffers.
RNC reported raising $13 million in April, a record for midterm year. Spent $12.1 million & ended the month with $43.8 million in cash:https://t.co/E7JnoqnXol pic.twitter.com/6VeeavJH1O
— Derek Willis (@derekwillis) May 21, 2018
RNC Chairwomen Ronna Romney McDaniel says the Party raised a record-setting $171.6 million during the 2017-2018 cycle.
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