House Republicans close money gap with majority at stake

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More than 40 GOP incumbents and candidates raised more than $500,000 in the second quarter of this year, a sign of momentum.

House Republican Conference Chair Elise Stefanik (R-N.Y.) with House Minority Whip Steve Scalise (R-La.) right, and other members of the GOP Doctors Caucus, speaks to reporters on June 24, 2021. | (Manuel Balce Ceneta/AP Photo)

By ALLY MUTNICK

07/16/2021 06:28 PM EDT

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House Republicans spent the last four years drowning under an avalanche of Democratic campaign cash. Now they’re staging a fundraising comeback — just in time for a run at the majority.

Over the past three months, GOP incumbents have largely matched Democrats in the money race. The winning formula: a full embrace of digital fundraising, the maturation of their fledgling WinRed platform and donor optimism after a successful showing down-ballot in 2020. All that combined has allowed them to begin erasing the massive financial advantage that Democrats have enjoyed since the rise of former President Donald Trump.

At least 49 Democrats and 43 Republicans each raised more than $500,000 in the second quarter of 2021 — a fairly even split — according to a POLITICO analysis of campaign finance reports filed this week. That’s a stark contrast with the second quarter of 2019, when roughly 50 Democratic candidates cleared that threshold, but only some 30 Republicans reached that mark.

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