GOP sets another 2020 money record, 1,900% increase in online fundraising

The Republican money train continues to haul in record cash.

Republican National Committee Chairwoman Ronna McDaniel said the party received $20.8 million in July, the largest ever for a non-election year July.

So far, the party has brought in $117.9 million for the 2019-2020 cycle.

“Last month’s fundraising haul again smashed records, and we continue to directly invest this money into growing our top-notch data-driven infrastructure, recruiting and training thousands of new volunteers, and registering voters across the country,” said McDaniel.

“Our fundraising success is further evidence that the American people like the pro-growth agenda and economic record that the Trump administration and Republicans continue to deliver, and this puts us in a strong position to secure more Republican victories in 2020,” she added.

Of special note, said the party, the Republican National Committee has $46.6 million in the bank and no debt. And, it claimed, “the RNC has more than doubled the DNC’s fundraising and has no debt. Comparatively, the DNC carries nearly $6 million in debt.”

In its report, the RNC said that it has increased “major donors” from 33% to about 45% while it still has more “small donors” than the Democrats.

It has also seen online fundraising explode. According to one official, “it was 1,100% more than July 2016 and 1,900% more than July 2015. Year-to-date, we’ve raised more than double what we raised online in 2016 during the same time period.”

Officials said that much of the money is being used to build out the party’s organizations in 16-20 states seen as key to President Trump’s reelection.

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