(Politico)
MAGGIE SEVERNS 06/21/2019 10:06 AM
The Republican National Committee raised $14.6 million during the month of May, new disclosures show, a reflection of how Republicans are raising large sums of money months in advance of the 2020 general election.
Earlier this week, the committee announced that President Donald Trump raised $24.8 million in less than 24 hours after officially launching his reelection campaign — a huge amount of money that dwarfed the first-day totals of the Democrats competing in the primary. Former Vice President Joe Biden, who raised the next-highest total after his first day of fundraising, pulled in $6.3 million.
The RNC’s $14.6 million haul — which doesn’t include any of Trump’s fundraising for this week — brings its overall fundraising for the year to $76 million. The RNC spent $12.3 million in May and ended the month with $37 million cash on hand.
The Democratic National Committee reported raising $6.8 million during the month of May, and finishing the quarter with $8.3 million cash on hand. The committee also reported having $6 million in debt. Big donors to the DNC in May included Paul Markovich, CEO of Blue Shield of California, who gave the committee $64,500, and Florida-based attorney Christopher Korge, who is the DNC’s new fundraising chair and who cut his first check of the election cycle to the committee, for $35,500.
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