Harris campaign, DNC, announce unprecedented down-ballot spending as GOP faces huge financial gap
Kamala Harris’ campaign and the Democratic National Committee said Tuesday they are sending nearly $25 million to support down-ballot Democrats — an earlier investment and far more money than the top of the ticket has sent in past election years.
The funding in part reflects the Harris operation’s ability to spread money around after record fundraising over the past six weeks. But it is also a recognition of the importance of this year’s down-ballot races — which overlap with many of the swaths of the country that could decide the presidential election, and whose outcomes will substantially affect how Harris, or former President Donald Trump, will be able to govern next year.
The newly announced funds come from both the Harris campaign and the DNC, with a total of $10 million each going to committees supporting Democratic candidates for House and Senate, along with $2.5 million to a national Democratic group supporting state legislative candidates and $1 million each for groups backing Democratic gubernatorial and attorney general candidates. [Continue reading…]
Republicans are racing to plug a massive money hole — before it’s too late.
The leader of House Republicans’ biggest super PAC told donors last month he needed $35 million more to compete with Democrats in the fall. Senate GOP campaign chair Steve Daines used his primetime speaking slot at the Republican convention to lament that massive spending from Democrats was keeping him awake at night. And his House GOP counterpart warned that their party’s challengers trailed Democratic incumbents by a collective $37 million at the end of June.
Republicans were already worried about a glaring financial gap even before Kamala Harris’ rise. Now, with the election just two months away, they found themselves in an even more dire position: Democrats have seen a flood of enthusiasm in recent weeks, they’re far outspending Republicans on air and their donors are more energized than ever — with campaign finance data showing a surge in grassroots fundraising in late July after President Joe Biden dropped out.
Panic is starting to set in. [Continue reading…]