Democrats Hold Fundraising Edge In Competitive House And Senate Races

Democratic candidates in highly competitive House districts have outraised their Republican counterparts by a significant margin in the first quarter of the 2024 election cycle.

According to Axios Democrats in these districts have raised an average of $970,000 compared to Republicans’ $610,000.

Only four of the top 20 fundraisers in competitive districts were Republicans in the first quarter. The House of Representatives is currently composed of 217 Republicans 213 Democrats and five vacant seats.

In Senate races Democrats also hold a substantial fundraising advantage. Open Secrets reports that the 183 Democratic candidates have raised a total of $460,567,295 while the 280 Republican candidates have raised $274,707,527.

Senate Minority Leader Mitch McConnell (R-KY) said he is primarily focusing on Maryland Montana Ohio and Pennsylvania this election cycle due to the vulnerable Democratic seats in those states. In Pennsylvania incumbent Sen. Bob Casey (D) leads David McCormick (R) by 5.3 points according to RCP poll averages. In Maryland former Gov. Larry Hogan (R) is 6.5 points ahead of Rep. David Trone (D).

Despite the Democrats’ fundraising edge the RealClearPolitics poll average for the generic congressional vote shows Democrats leading Republicans by only 1.4 points 45.2% to 43.8%.