Republicans confront massive drop-off in online fundraising

Republicans confront massive drop-off in online fundraising

July 28, 2022 0 By Ellen Novack

In case you’re wondering what that looks like, it looks like this.

In the last three quarters (including the in final quarter of 2021), Democratic online fundraising outpaced GOP fundraising by $100 million.

The sudden slowdown and widening gap, has sent Republicans into a frenzy trying to figure out what’s going on. The fact that Trump is their biggest fundraising draw just doubles their pain because none of the money he takes in goes toward the GOP’s candidates. In fact, one of the few candidates Trump tried to help to the tune of some $500,000, former Sen. David Perdue of Georgia, got clobbered in his gubernatorial bid against Georgia Gov. Brian Kemp.

It’s worth noting that high-dollar donors are still lining the coffers of Republican PACs. For instance, the GOP PAC Congressional Leadership Fund ended June with $130 million cash on hand, while the Democratic House Majority PAC had just $60 million on hand.

But the lack of grassroots enthusiasm is a serious problem and both Republicans and their candidates.