The Democratic Party’s 2022 prospects are dim, but its fundraising prospects are shining bright, with the Democratic Congressional Campaign Committee outraising the National Republican Congressional Committee and growing its cash-on-hand advantage in February.
The DCCC’s haul last month totaled $19.3 million, compared to the $10 million raised by the NRCC. The House Democratic campaign arm entered March debt-free and with $99.2 million in cash on hand, significantly more than the $85 million banked by its Republican counterpart.
This fundraising windfall came amid polling showing Republicans leading Democrats on the generic ballot and as the possibility of a GOP wave in November increased.
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Still, Rep. Sean Patrick Maloney of New York, the DCCC chairman, used his committee’s record February fundraising to put a different spin on the 2022 political atmosphere.
“The American people resoundingly reject Republicans’ extremist agenda for their families and our voters are stepping up in force to protect our progress in Washington,” he said in a statement.
According to Federal Election Commission filings, the $19.3 million raised by the DCCC in February includes a $5 million transfer from the Democratic National Committee that was approved last month by President Joe Biden.
But even accounting for that special cash infusion, the DCCC still outraised the NRCC in February and closed the period with a larger war chest to spend on House campaigns than the House GOP campaign arm.
The DCCC boasted that its numbers were bolstered by $7 million raised from 250,000 grassroots donors who contributed in small amounts.
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Meanwhile, Biden’s job approval numbers are mired in the low 40s, and Republicans lead the generic ballot by an average of nearly 4 percentage points.
