GOP Raises Record Midterm Funds, Democrats Gain Momentum

0:00It's April 20th. Welcome to Dallas News today, powered by AI. I'm Cory with the story. House Republicans campaign arm, the National Republican Congressional Committee, just dropped record fundraising numbers to kick off the 20. 26 mid-term cycle. They pulled in $47.1 million in the first three months, the biggest first quarter hall in their history. March alone brought in $28.1 million, leaving them with $78.2 million cash on hand and a cycle. Total of $164.4 million. Chairman Richard Hudson called it the best start ever, saying it shows donor confidence as they defend their slim house majority. He credits President Trump big time, who headlined a dinner raising nearly $37 million and rallies monthly on key races. Hudson predicts they'll hold the majority thanks to a shrinking battleground map down to just 30 to 40 competitive seats. Democrats aren't sweating it, pointing to their wins in recent special elections

1:01and strong grassroots cash. Their campaign committee raised $13.7 million in February alone, with $57.3 million cash on hand and $139.1 million for the cycle. They highlight challengers outraising GOP incumbents in spots like Pennsylvania, Arizona, and Wisconsin. broader GOP networks are flexing too, with ally groups at nearly $193 million raised and speaker Mike Johnson setting a record at $34 million in the quarter. Democrats say their frontline candidates are building momentum on cost of living fights, while Republicans tout tax cuts, energy, and border wins. Pocketbook issues like inflation and gas prices will dominate come fall, but both sides claim the edge in these tight races. With history favoring the out party in midterms, this cash raise sets up a fear showdown for control.