It would appear that management of the Republican National Committee and Democratic National Committee is analogous to how both parties run countries.
As we reported back in June, beginning January 1st of this year, through the end of May (the last month for which available data existed at the time), the RNC raised twice as much money as the DNC. That gives Republicans more than a 2:1 advantage.
However, a dollar spent on a Republican’s campaign appears to be worth more than one spent on a Democrat. How else does one explain Donald Trump’s victory despite spending half as much on the 2016 election as Hillary Clinton, or Karen Handel’s victory against Jon Ossoff despite Ossoff outspending her 6:1?
The RNC’s balance sheet was also in a stronger financial position, showing $41 million in cash on hand, and no debt, compared to the DNC with their $8 million in cash and $2 million in debt.
With numbers now in through July, we see the trend has continued:
In June the DNC’s debt increased to $3.3 million, while only raising $5.5 million as the RNC raised $13.5 million.
As for July, things got worse for the DNC. The Washington Free Beacon reports:
The RNC raised $10.2 million in July compared to the DNC’s $3.8 million. This marks the Democrats’ worst fundraising performance in July in a decade. The Democrats haven’t raised that little money in a July since 2007; the party raised $3.4 million in that month.
This came after May also set a record for fundraising — as it was the worst fundraising performance for that month since 2003.
Republicans maintained their massive lead in cash on hand, with $47.1 million to the DNC’s $6.9 million.
Just to break even with Republicans (excluding debt), the DNC would have to out-fundraise them to the tune of at least $40.2 million.
Unless George Soros writes a check to cover it, that’s not going to happen anytime soon.