...

The Senate Republicans' campaign arm raises $8 million in August




  • In Politics
  • 2021-09-14 17:45:52Z
  • By Axios
 

The Senate Republicans' campaign arm raised $8 million last month, a new record for the group during the August of an off-year, Axios has learned.

Why it matters: The National Republican Senatorial Committee saw a spike in donations following criticism of the U.S. withdrawal from Afghanistan and amid the rising cases in COVID-19. It's also reporting a record number of new donors, and saw the biggest digital fundraising month so far this cycle.

Get market news worthy of your time with Axios Markets. Subscribe for free.

By the numbers, according to data viewed by Axios:

  • Total raised in August: $8 million

  • Cash on hand: $25.24 million

  • August donations: 175,552

  • Average donation: $45.17

  • August first-time donors: 18,981

  • August donations under $200: 174,028

  • Total August donations under $200: $4.96 million

The big picture: The NRSC's five best off-year fundraising months - and seven of its top 10 - have all come in 2021.

  • It's raising an average of about $8.3 million per month this year, up from $5.5 million in 2019 and $4.5 million in 2017.

  • It's not just a GOP phenomenon, though: the Democratic Senatorial Campaign Committee also is putting up huge off-year numbers.

  • It's roughly on pace with Republicans in terms of fundraising this year.

Yes, but: The NRSC managed to pay off all of its outstanding debts earlier in 2021.

  • The DSCC has substantially paid down the $20 million it still owed at the beginning of the year, but as of last month, it still had a $2 million debt outstanding.

  • The NRSC also ended August with $25 million in the bank, which was more than double what its Democratic counterpart reported a month earlier.

What we're hearing: NRSC Chairman Sen. Rick Scott (R-Fla.) plans to present the new data to the GOP conference at their lunch Tuesday afternoon.

COMMENTS

More Related News

Hand count in Arizona affirms Biden defeated Trump in 2020 election, audit draft report says
Hand count in Arizona affirms Biden defeated Trump in 2020 election, audit draft report says

A monthslong hand recount of the count in Arizona's largest county once again confirmed President Joe Biden won the 2020 election over Donald Trump.

McConnell warms to Herschel Walker as primary war with Trump fizzles
McConnell warms to Herschel Walker as primary war with Trump fizzles

After vowing to tangle with the former president if necessary to nominate electable GOP candidates, the Senate minority leader is tacitly blessing many Trump...

GOP super PACs attack party
GOP super PACs attack party's own candidates

Republican super PACs are beating up on the party's own candidates in key Senate primaries while Democratic groups largely hold their intra-party fire, an...

Senate Republicans secretly lobbying for infrastructure spending
Senate Republicans secretly lobbying for infrastructure spending

The five Senate Republicans who helped negotiate and draft the $1.2 trillion bipartisan infrastructure bill have been privately courting their Republican...

Tech firms
Tech firms' nightmare: Vanishing green cards

Thousands of green cards are about to go to waste, leaving Google, Microsoft and other tech companies fuming - and pushing the Biden administration to ensure...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Politics