The RNC has burned through some money but has a reserve of $76 million. What’s more, the party doesn’t have a dollar of debt. Meanwhile, President Trump has been raising his own campaign cash since declaring his 2020 intentions the day he took office. According to the Center for Responsive Politics, he has brought in $211 million since then.
Republicans cite these facts with obvious glee, and they invite reporters to contrast their numbers with those of their competitors across town at the Democratic National Committee. According to the Federal Election Commission, the DNC raised $10 million in January. The committee did not return request for comment.
Republicans also have more cash on hand than any of the Democratic candidates lining up for a chance to take on Trump. Former New York City Mayor Mike Bloomberg, a self-funding billionaire, comes closest with $55.1 million still in his campaign coffers.