{"id":1029861,"date":"2024-03-01T18:14:12","date_gmt":"2024-03-01T18:14:12","guid":{"rendered":"https:\/\/democrats.org\/?p=1029861"},"modified":"2024-05-15T20:41:15","modified_gmt":"2024-05-15T20:41:15","slug":"rnc-statement-on-the-rncs-desperate-financial-situation","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/rnc-statement-on-the-rncs-desperate-financial-situation\/","title":{"rendered":"RNC Statement on the RNC\u2019s Desperate Financial Situation"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

In response to RNC\u2019s dire financial situation, the RNC released the following statement on behalf of the DNC:<\/em> <\/em><\/strong><\/p>\n\n\n\n

\u201cHere\u2019s the honest truth: things aren\u2019t looking too good for Republicans. The Democrats are outraising us. They will be able to buy ads in markets we can\u2019t afford, and they will OUTSPEND US.\u201d<\/p>\n\n\n\n

We agree.<\/p>\n\n\n\n

Take a look for yourself:<\/strong><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

The RNC is in disarray after some of its worst fundraising numbers in decades headed into an election year.<\/strong><\/p>\n\n\n\n

Fox News<\/a>: \u201cDemocrats hold vast fundraising advantage as Republicans face cash problems, disarray in crucial swing states\u201d<\/strong><\/p>\n\n\n\n

\u201cAccording to year-end reports filed with the Federal Election Commission (FEC) this week, the Democratic National Committee (DNC) holds nearly three times the cash on hand <\/strong>reported by the Republican National Committee (RNC), and brought in nearly three times as much fundraising<\/strong> in the final month of 2023.<\/p>\n\n\n\n

\u201cThe RNC reported its worst fundraising year since 2013<\/strong> raising just $87.2 million in 2023, and starting 2024 with just over $8 million in cash on hand. If adjusted for inflation, the RNC’s fundraising was last this low in 1993<\/strong> \u2014 before the 2002 McCain Feingold Act restricted political committee fundraising from corporations and capped donations from individuals.\u201d<\/p>\n\n\n\n

Washington Post<\/a>: \u201cThe Republican National Committee continued to show signs of financial strain when compared with the war chest of the Democratic National Committee, reporting just $8.7 million in cash on hand to the DNC\u2019s $24 million.\u201d<\/p>\n\n\n\n

Axios<\/a>: \u201cThe Democratic National Committee also maintained its cash advantage over its Republican counterpart. The DNC raised $17.4 million in January and ended the month with $24 million in cash on hand. The Republican National Committee raised $11.6 million and closed the month with $8.7 million in cash on hand.\u201d<\/p>\n\n\n\n

Axios<\/a>: \u201cThe RNC reported this week that it had its worst fundraising year in almost a decade last year<\/strong> \u2014 entering 2024 with just $8 million in cash. Trump’s comments are a sign of him flexing muscle as the de facto head of the GOP, even though the soonest he could clinch the nomination is March.\u201d<\/p>\n\n\n\n

Most recently, Donald Trump endorsed his daughter-in-law Lara to be co-chair of the RNC, and \u201csenior Republican officials are concerned.\u201d <\/strong><\/p>\n\n\n\n

ABC News<\/a>: \u201cTrump endorses daughter-in-law Lara Trump for RNC co-chair\u201d<\/p>\n\n\n\n

Politico<\/a>: \u201cSeveral senior Republican officials are concerned that Donald Trump\u2019s expected takeover of the RNC will ultimately pave the way for the committee to once again cover his legal bills.\u201d<\/strong><\/p>\n\n\n\n

Associated Press<\/a>: \u201cLara Trump says she thinks GOP voters would like to see RNC pay Donald Trump\u2019s legal fees\u201d<\/strong><\/p>\n\n\n\n

The Hill<\/a>: \u201cLara Trump says she\u2019d spend \u2018every single penny\u2019 of RNC funds to elect father-in-law\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

In response to RNC\u2019s dire financial situation, the RNC released the following statement on behalf of the DNC:  \u201cHere\u2019s the honest truth: things aren\u2019t looking too good for Republicans. The Democrats are outraising us. They will be able to buy ads in markets we can\u2019t afford, and they will OUTSPEND US.\u201d We agree. Take a […]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1029861","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nRNC Statement on the RNC\u2019s Desperate Financial Situation - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/rnc-statement-on-the-rncs-desperate-financial-situation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-01T18:14:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-15T20:41:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/rnc-statement-on-the-rncs-desperate-financial-situation\/\",\"url\":\"https:\/\/democrats.org\/news\/rnc-statement-on-the-rncs-desperate-financial-situation\/\",\"name\":\"RNC Statement on the RNC\u2019s Desperate Financial Situation - 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