The latest fundraising figures for state races were released earlier this week, and most of the news for Republicans was pretty grim.
Take a look at the cash-on-hand (COH) numbers for Republicans in the top four state races in 2018 compared to 2022:
These are not good numbers, but perhaps Colorado Republicans can feel a bit better knowing that donors are much less interested in giving money to Republican candidates everywhere in 2022. As POLITICO reports today:
The number of online donors to the Republican Party unexpectedly dropped in the first half of 2022, according to a POLITICO analysis of campaign finance data — one in a series of setbacks that have tempered expectations of a red wave in November.
Online fundraising usually ramps up dramatically and predictably over the course of an election cycle. But campaign finance data show that in the first half of this year, the number of people giving federal contributions to Republican candidates and committees through WinRed — the GOP’s widely used donation processing platform — fell to around 913,000 down from roughly 956,000 contributors during the six months prior.
The surprising dip illustrates broader fundraising difficulties that have plagued GOP candidates in key races across the country this summer, even amid hopes that the party could retake control of Congress. It reflects the party’s long-standing challenges in building donor lists to power its campaigns.
Former President Donald Trump has been blamed by some Republicans for hoovering up many potential donors — Trump has raised more than $100 million online since leaving office — though POLITICO’s analysis suggests that only about 13 percent of online Republican donors have given only to Trump this cycle.
Still, Trump’s committees are sitting on tens of millions of dollars that aren’t likely to be spent helping other Republicans this fall.
Nationally, Senate Republicans are still fighting with each other; the National Republican Senatorial Committee (NRSC) is running on fumes, and NRSC head Rick Scott is blaming Minority Leader Mitch McConnell for suggesting that Scott recruited a bunch of dolts as candidates in some of the most important pickup opportunities in the country.