It would appear that the management of the Republican National Committee and Democratic National Committee is analogous to how both parties run countries.I (Matt Palumbo) reviewed the balance sheets of both, which are available through the FEC, and the results show a clear Republican advantage when it comes to raising money, and managing it efficiently in the Trump era.
Below are tabled the fundraising totals for both party’s committees since January 1st of this year until the end of May (the last month for which available data exists).
In summary: they have just under $8 million in cash on hand, and owe nearly $2 million in debt.
Meanwhile, at the RNC, there’s $41 million in cash on hand, and no debt.
You also may have noticed that 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 six-to-one?
Despite all the talk about a “resistance” against Donald Trump’s presidency, it hasn’t translated into any money in the Democrat’s pockets — or any electoral victories since them.Think they’re tired of losing yet?