Raleigh – The North Carolina Democratic Party announced a record $5.8 million cash on hand ($5,786,622) at the end of the second quarter before the 2018 General Election season, an unprecedented amount for a midterm election and the party’s third straight record setting fundraising period.
The party raised more than $2.3 million ($2,340,129) in a little over two months from the end of April 2018 to the end of June, $200,000 more than the previous four months and $1 million more than the final six months of 2017, a strong sign that grassroots support to break the Republican supermajority continues to grow.
“Democrats across the state are outworking, outhustling, and outraising Republicans, showing that the grassroots energy and momentum are on our side and many Republicans are going to be caught flat-footed in November,” NCDP Chairman Wayne Goodwin said. “The party is in the strongest position we have ever been in before a midterm election, with outstanding Democrats running in every single district for the first time ever and the resources and support they need to get their message out.”
Both the cash-on-hand and raised totals dwarf previous midterm elections:
- Q2 2014: The party has on hand more than seven times what the party had in the Q2 2014 ($800,266) and raised more than five times what the party raised in Q2 2014 ($417,848).
- Q2 2010: The party has on hand more than 22 times the amount on hand in Q2 2010 ($252,467) and raised more than seven times what the party raised in Q2 2010 ($322,498).
Democrats’ strong fundraising and grassroots enthusiasm isn’t just evident at the party and through the Break the Majority effort. In the first quarter of 2018, after the filing period, more than 30 Democratic candidates outraised Republican incumbents and open seat challengers; of that total, a fourth of Republican incumbents running for reelection in 2018 were outraised by their challengers.
Democrats are backed by Break the Majority, a strategic partnership between Governor Cooper and NCDP to invest resources and expertise in key state level races. Break the Majority earlier this spring announced the initial targeted Republican districts.
Editor’s note: The Richmond Observer strives to provide fair and objective coverage of any and all political issues, situations, and/or developments, regardless of party affiliation. As part of this commitment, the Observer is offering this press release for your review. It is also our policy to print news release material in its original format, as it was received, with minimal, if any, editorial adjustments.
