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You are here: Home / 2018 Campaign / GOP Stunned by Latest Fundraising Reports

GOP Stunned by Latest Fundraising Reports

October 17, 2018 at 8:03 am EDT By Taegan Goddard Leave a Comment

“House Democrats aren’t just beating Republicans at the fundraising game—they’re annihilating them,” the National Journal reports.

“Ninety-two Republican incumbents were outraised by a challenger in the third quarter of 2018, a sharp increase from the 56 outraised in the second quarter. And that topline doesn’t even fully capture the scope of Democrats’ cash advantage. More than 50 of those members were outraised at least 2-to-1 and 31 were outraised 3-to-1 or more.”

Said GOP strategist Mike DuHaimes: “That is a startling number of incumbents being outraised by dramatic margins. It’s one thing to be outraised, it’s another thing to be outraised in multiples.”

“And these statistics have no recent precedent. According to a National Journal analysis of FEC data, 48 Democrats were outraised by a Republican challenger in the third quarter of 2010, a cycle that saw Republicans net 63 seats on their way to taking back the House. In the third quarter of 2016, just 16 GOP incumbents were outraised. This cycle, Democrats’ advantage is evident in nearly every top House battleground.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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