The numbers are eye-popping. And they don’t bode well for Democrats.
According to Punchbowl News, the Congressional Leadership Fund (CLF) and the related American Action Network (AAN) – both of whom traditionally support House Republicans and their policies – are dramatically outraising their Democratic counterparts.
In the first quarter, CLF alone raised $37.5 million and now has $93.5 million in cash on hand. In comparison, the House Majority PAC (HMP), the Democratic super PAC, and House Majority Forward (HMF), its related nonprofit, pulled in $16 million.
Yes, you read that correctly. CLF, backed by House Minority Leader Kevin McCarthy (CA-23), more than doubled up what HMP and HMF raised together.
CLF’s fundraising total is seven times more than it raised in the same quarter last cycle and it has three times as much in the bank than it did in 2020.
“CLF continues to obliterate every record, equipping us with the firepower to expand the map into Democrat territory,” said CLF President Dan Conston in a press release. “With a growing war chest and palpable voter enthusiasm, we are well-positioned to hold Democrats accountable for their disastrous agenda and elect a new Republican Majority in November.”
It is worth noting that the Democratic Congressional Campaign Committee (DCCC) is outraising the National Republican Congressional Committee (NRCC). The DCCC garnered $177.4 million from January-February, while the NRCC raised $161.5 million during the same period.
That said, the fundraising game has changed dramatically during the last decade whereby the House and Senate super PACs are at least as important as the official campaign committees.
DCCC Chair Sean Patrick Maloney (NY-18) talked about the cash advantage held by CLF in an interview with Punchbowl. “It’s significant and we take it very seriously,” he said. “But you’d much rather have the firepower at the candidate level or at the campaign committee level.. But look, we know what we’re up against. We’re the underdogs.”