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Tuesday, October 23, 2018

With two weeks to go, GOP has more cash to spend than Dems

If Republicans are able to hold on to the House after the midterm elections, they might point to the significant cash advantage they hold over the Democrats.

Fundraising doesn't necessarily win you an election, but a lack of it might lose one. The bottom line is that it is better to have money to spend than not, and by that yardstick, Republicans are in good shape.

New York Times:

The three national Republican Party committees had outraised their Democratic counterparts $531 million to $471 million since the beginning of 2017, according to the disclosures with the Federal Election Commission.

Super PAC fund-raising was basically a draw, with the top 10 Democratic super PACs outraising their Republican counterparts $335.3 million to $335.1 million – washing away concern among Democrats that they could be swamped by a late tidal wave of cash from wealthy Republicans.

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