By Jim Ellis
April 19, 2019 — The Federal Election Commission reports are now in the public domain for first quarter 2019, and the amount of money being raised early suggests we could be headed for another record spending year in the 2020 campaigns.
While most incumbent House members show somewhat less than $500,000 in their accounts, many possess multimillion-dollar campaign war chests. In most cases, those comprising this latter group have been accumulating their funds for years without having to spend much on their own re-election efforts.
A handful of members, 36 to be exact, had strong first quarters defined as raising over $500,000 in the first 12 weeks of the new calendar year. Of the three dozen, and predictably so, many are in House leadership positions such as Speaker Nancy Pelosi (D-CA) who obtained $1.7 million since the new year began.
The quarter’s top fundraiser, however, was House Minority Whip Steve Scalise (R-LA), who gathered in $2.46 million. And the range among the 36 most prolific fundraisers stretched from Rep. Cathy McMorris Rodgers’ (R-WA) $503,000 to Scalise’s aforementioned total. In all, 24 of the top House fundraisers are Democrats versus 12 Republicans.
Cash-on-hand is another very important category in assessing political strength, and here we see 41 members (29 Democrats; 12 Republicans) who brandish bank accounts in excess of $1.5 million.