WHAT THEY’RE SAYING: “Democrats Have Fundraising Edge in Tight Senate Races” & “Head Into The Midterms With Massive War Chests”

News coverage continues to highlight how Senate Democrats in key battleground races ”have raised enormous sums and head into the midterms with massive war chests,”  which will allow “them to outspend rivals on ads, outreach and getting voters to the polls.”

See for yourself:

Bloomberg: Democrats Have Fundraising Edge in Tight Senate Races
By Bill Allison
February 1, 2022

• Democrats have one major advantage… to maintain control of the Senate after November elections: cold, hard cash.

• In five of the six races rated “tossups” by the Cook Political Report, Democratic candidates have more money in the bank, some more than $5 million dollars more, allowing them to outspend rivals on ads, outreach and getting voters to the polls.

• Democrats still enjoy wide financial advantages in the three seats they’re defending and in two of the three competitive seats that Republicans need to hold to win a majority.

• Georgia incumbent Raphael Warnock has built a $22.9 million war chest after raising $9.8 million in the fourth quarter.

• Arizona’s Mark Kelly, the former astronaut who won a special election in 2020… has $18.6 million in the bank after raising $8.9 million in the fourth quarter. Kelly raised $29.2 million in 2021, more than all the Republican candidates seeking to oppose him in November combined.

• Nevada’s Catherine Cortez Masto raised $3.4 million. Her $10.5 million cash on hand dwarfed the $1.7 million Republican Adam Laxalt [reported].

• Democrats also have the cash advantage in North Carolina… Frontrunner Cheri Beasley, who served as chief justice of the North Carolina Supreme Court, had $2.8 million in the bank after raising $2.1 million in the fourth quarter. That was more money in the bank than any of the Republicans running.

CNN: “Democratic incumbents in the Senate have raised enormous sums and head into the midterms with massive war chests”
By Fredreka Schouten, David Wright, Alex Rogers and Melissa Holzberg DePalo
February 1, 2022

• Democratic incumbents who face tough Senate fights this year are sitting on hefty cash balances.

• In Arizona, for instance, Sen. Mark Kelly raised $8.9 million in the fourth quarter, which ended December 31, and had more than $18.6 million in cash on hand. He’s far ahead of the crowded field of Republicans vying to take him on.

• In Georgia, Democratic Sen. Raphael Warnock had almost $23 million on hand — more than four times the cash reserves of the leading Republican in the race, former football star Herschel Walker.

• And in another key battleground state, Nevada Democratic Sen. Catherine Cortez Masto raised more than $3.3 million in the fourth quarter and had more than $10 million in cash on hand.

• In Florida’s Senate race, Democratic challenger Rep. Val Demings brought in nearly $7.2 million during the fourth quarter, surpassing the $5.2 million raised by two-term Republican Sen. Marco Rubio. A greater share of Demings’ contributions came from donations of $200 or less, giving her a potential pool of donors to keep tapping for campaign funds in the months ahead.

Read more about what they’re saying about Senate Democrats’ impressive Q4 fundraising here.