Republican cash coffers dwarf DNC reserves as campaign enters the fever-pitch season
The Republican Party has nearly eight times as much cash-on-hand as the Democratic Party in the heat of the 2020 primary season.
According to the latest Federal Election Commission (FEC) data released Thursday, covering Jan. 1 through Jan. 31, the Republican National Committee has $76 million cash-on-hand compared with the Democratic National Committee’s $9.9 million.
“Record breaking support for this president and his policies continues to grow as we head full-force into this presidential election year,” RNC Chairwoman Ronna McDaniel said in an interview with ACV Reports.
“Across the country, Americans are choosing President Trump’s record of results over Democrats’ divided field of contenders with no vision for the country, and they are ready for four more years of the great American comeback he has started,” she added.
A spokesperson for the DNC did not immediately respond to Fox News’ request for comment.
Meanwhile, the latest FEC filings show that President Trump’s re-election campaign and joint-fundraising committees have $124 million cash-on-hand; while his campaign alone has $92.6 million cash-on-hand.
As for the Democratic primary field, Sen. Bernie Sanders, I-Vt., has $16.8 million; former Vice President Joe Biden has $7.1 million; former South Bend, Ind. Mayor Pete Buttigieg has $6.6 million; Sen. Amy Klobuchar, D-Minn., has $2.86 million; Sen. Elizabeth Warren, D-Mass., has $2.3 million; and Rep. Tulsi Gabbard, D-Hawaii, has $2 million.
Democratic candidates Tom Steyer and former New York City Mayor Mike Bloomberg, who are self-funding their campaigns, have far more cash-on-hand. Thursday’s FEC filing showed Bloomberg having a whopping $55.1 million cash-on-hand; and Steyer with $17.8 million.
The information comes just weeks after the New York Times claimed the Democrats were the "cash rich party" with several "viable" candidates running for president. The facts belie the Left-leaning "Grey Lady's" claims.
According to the Times on January 2 of this year, a flood of money rushed into the presidential race in the last three months of 2019, producing an unusually large number of Democratic candidates with the resources to battle deep into the 2020 primary calendar, all vying for the right to face an incumbent president boasting his own enormous war chest.
This appears to be the newspaper's way of putting a positive spin on the fact that no one in the Democrat primary competition has emerged as a clear frontrunner. The Democrats' "Great White Hope," Biden, fell flat on his face right out of the gate and is all but a walking dead man on the campaign trail..
The Democrat's quick pivot to Bloomberg took a direct torpedo hit in Las Vegas Wednesday with his horrible performance on the debate state with five other Democrat hopefuls, including Biden.
Despite the Times and other Democrat "state media" touting the faux dynamics of the field, Trump has buried them in fund raising, charisma and every other important category of the campaign.
It's going to be a long campaign season ending in yet another deflating disappointment for the Democrat Party. This time, the blow will likely be fatal.