The GOP’s money problem
By
Brady Leonard
February 23, 2024 12:16 pm
President Joe Biden may not have control of his faculties, and his approval rating currently rivals that of flesh-eating bacteria, but that didn’t stop the 81-year-old president from raising a mountain of cash in January. The Biden campaign brought in $42 million last month, bringing its total cash on hand to a whopping $130 million, three times more than the Trump campaign has at its disposal. The campaign says this is the largest war chest of any Democratic presidential candidate in history. The president has raised over $278 million since he announced his reelection bid last April.
The contrast is just as stark at the party level. The Democratic National Committee ended 2023 with $24 million cash on hand to the Republican National Committee’s $8 million, its worst fundraising haul since 2013. The RNC’s fundraising struggles could possibly improve with the impending departure of Chairwoman Ronna Romney McDaniel, but her replacement will likely be a Trump campaign insider.
The former president has endorsed his daughter-in-law Lara Trump for RNC co-chairwoman and his campaign co-manager Chris LaCivita for committee COO. The impact of these possible moves is anyone’s guess, but Lara Trump has pledged to “make sure that every single penny donated to the RNC goes to electing Donald Trump,” which, if taken literally, could mean disaster for down-ballot Republicans running in vital swing states and districts that will decide which party controls both houses of Congress.
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https://www.washingtonexaminer.com/opinion/2870769/the-gops-money-problem/
