The Republican fundraising committee dedicated to changing the House in next year’s midterm elections said Thursday that it raised more than $ 105 million this year through September.
The record run for the nine-month period marks a 74% increase over the previous cycle and includes $ 25.8 million raised in the third quarter of the year. The group said it now has $ 65 million in cash on hand, nearly triple what it had at the time four years ago.
“House Democrats are running for the exits because they know their days are mostly numbered and we hope to keep up the pressure,” Republican Congressional National Committee Chairman Tom Emmer said in a statement.
The numbers are the latest sign that Republicans are full of energy heading into the midterm elections, as President Joe Biden’s popularity wanes and history is on his side. The president’s party almost always loses seats in midterm elections, and Democrats currently have only a narrow majority.
The congressional fundraising arm of Democrats has yet to release its total as of September. But last month, the group announced that it had raised $ 10 million in August, topping the $ 6.5 million from the Republican House campaign committee.
The NRCC outperformed the Democratic House committee from $ 45.4 million to $ 36.5 million during the second quarter of the year, which ended June 30.
The NRCC total includes $ 19.4 million transferred from House Minority Leader Kevin McCarthy, $ 10.3 million from House Minority Whip Steve Scalise and $ 1.2 million from Elise Stefanik , who earlier this year replaced Representative Liz Cheney, a vocal critic of former President Donald Trump. as president of the Republican House Conference.