Daily Beast: “At the start of the 2022 midterm cycle, the RNC had twice as much cash on hand as the Democratic National Committee—$80.5 million versus $38.8 million. Now, the RNC has less than half as much on hand as the DNC—$11.8 million to the DNC’s $25.4 million.”
“The reversal comes after longtime RNC chair Ronna McDaniel fought off a contentious challenge to her leadership earlier this year, a victory secured partly through her pledge to prioritize the party’s fundraising efforts.
”“But the current state of affairs has left many RNC members concerned about the group’s financial status just as the 2024 cycle begins to pick up steam—with some of them pining for the not-so-distant past.”