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    Republicans have a funding advantage in the battle for control of the U.S. Congress

    Republicans will conclude this year with more cash than Democrats, highlighting the fight Joe Biden’s party will face to maintain parliamentary control in next year’s midterm elections. doing.

    The Federal Election Commission, filed this weekend, shows that the National Republican Senate, which is working to elect the Republican Senate, had about $ 30 million in cash at the end of October. increase. In the bank.

    The National Republican Parliamentary Commission, which focuses on the election of Republicans to the House of Representatives, had about the same cash on hand at the end of last month, at $ 68 million, compared to the Democratic Party’s corresponding Democratic Parliamentary Campaign Committee.

    The Presidential Party holds the House of Representatives and the Senate by a very thin majority. Democratic leaders have been in a hurry in recent months about their outlook in the ballot box following Biden’s continued declining ratings and the backlash from elections in state and local elections earlier this month. There is. Republican Glenn Youngkin has won the Virginia Governor’s election. Biden scored more than 10 points last year.

    The nonpartisan Cook Political Report changed the rating of the three major Senate elections in Arizona, Georgia and Nevada from “lean Democrats” to “toss-ups” this week, addressing the challenges facing incumbent Democrats in the re-elections. Emphasized. Next fall election.

    The FEC disclosure also highlights the Republican Party’s ability to reverse their funding fate after the beginning of the year hurt by the attack on the US Capitol on January 6. A mob of supporters of former President Donald Trump stormed the Capitol, killing at least five people and suspending proof of victory for Biden’s electoral college.

    In response, dozens of America’s largest companies have said they will either abandon or suspend donations from the Political Action Committee to the Republican Party, which opposes proof of election results, in terms of party-raised funds within the GOP rank. Raised concerns about how to compete in the United States.

    But how the latest filing then Stockpile employee donations In recent months, US companies have resumed donations primarily to Republican committees and candidates, strengthening Republican funding as the mid-next year approaches. The NRSC is run by Rick Scott, a Republican Senator in Florida. Rick Scott was one of eight GOP senators who opposed the certification.

    A Financial Times analysis of 64 corporate political action committees and business lobby groups that issued a statement on a reassessment of donation policies triggered on January 6 shows that 10 large corporations were members of the Republican Parliamentary Party during the three months to the end of October. It shows that we have donated $ 212,500 to the society. Eight corporate PACs donated $ 157,500 to the Democratic Parliamentary Commission over a three-month period.

    The political funding departments of 38 companies donated $ 386,500 to Republican leaders at Capitol Hill during the same period, either directly or through relevant committees.

    According to FT analysis, at least 22 companies have made the largest donations to all four national party committees (NRSC, NRCC, DSCC, and DCCC) since the beginning of the calendar year. These companies include Google’s parent companies Alphabet, Altria, American Airlines, AT & T, Boeing, Comcast, CVS Health, Delta, Eli Lilly, FedEx, Ford, Genentech, Lockheed Martin, Pfizer, PG & E, PwC, Raytheon, T. -Includes Mobile and United Airlines. , UnitedHealth Group, Walmart, and Wells Fargo.

    Federal election law limits the amount that PAC can give to national party committees for $ 15,000 a year. The PAC cannot give a particular candidate more than $ 5,000 per election.

    The four corporate PACs, FedEx, a parcel delivery company, Eli Lilly, a pharmaceutical company, Comcast, a cable company, and Genentech, a biotechnology group, will make their maximum legal contributions to the Democratic Party Commission earlier this year before the end of the year. I did the same for the Republican Commission. , FT analysis showed.

    Republicans have a funding advantage in the battle for control of the U.S. Congress

    Source link Republicans have a funding advantage in the battle for control of the U.S. Congress

    The post Republicans have a funding advantage in the battle for control of the U.S. Congress appeared first on Eminetra.

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