Senate Democrats are raising twice as much as Republicans toward 2024 races, according to a new report.
The Federal Election Commission's latest information revealed that Senate Democrats have raised over $289 million since 2019.
Democrats outraising Republicans 2 To 1 in 2024 Senate races https://t.co/x22XOZmEB1
— Bo Snerdley (@BoSnerdley) November 13, 2023
"Of the $496.2 million raised by Senate candidates since 2019, Democratic candidates raised $289.6 million, whereas Republicans have only raised $146.1 million," the Daily Caller reported.
"The Democratic total rises to $338.5 million when donations for Sens. Bernie Sanders, Angus King and Kyrsten Sinema, independents who caucus with the Democrats, are considered," it added.
NEW: Democrats Outraise Republicans 2-to-1 in 2024 Senate Races, But GOP Has Edge in House Races https://t.co/0vvVCl7buz
— Kyle Becker (@kylenabecker) November 12, 2023
"Republicans suffered a slate of defeats during Tuesday’s elections after being outspent by Democrats in five out of six key races," Politics Brief reported.
"Democrats spent more on advertising during the elections in Ohio, Kentucky, Virginia, New Jersey and Pennsylvania," it noted.
The funding issue could serve as a major concern ahead of next year's elections as Republicans seek to win back a majority in the Senate.
In West Virginia, Sen. Joe Manchin (D) recently announced that he will not run for reelection, with Gov. Jim Justice (R) running and expected to win.
Other controversial matchups that could shift power include the race in Arizona where Sen. Kyrsten Sinema (I) will face a three-way battle against both Democratic and Republican candidates.
The advantage in fundraising could make a critical difference in the battle, with some conservatives shifting blame in part to Republican National Committee chairwoman Ronna Daniels, calling for her to resign after this month's election results.
The funding battle is expected to heat up even more in the months ahead as candidates make a stronger push for donations in the months ahead of the general election.