A Closer Look at 2018 Campaign Finance

by

Tuesday, February 27, 2018


Ever since the election of President Trump, the mainstream media has consistently pushed the “blue wave” theory for the 2018 midterm elections. Many believe the GOP will be in for a world of hurt after seeing the widespread protests after the election and the inception of The Women’s March. There have been a plethora of movements with the sole purpose of undermining the Trump’s Presidency, like the popular hashtag #NotMyPresident and the Change.org  campaign that had over 4.9 million supporters for Hillary Clinton to be named President by the Electoral College.

Although it feels as if Donald Trump clenched the presidential nomination just yesterday, the 2018 midterms are quickly approaching. The mudslinging between candidates is in full swing in order to win their party’s endorsement.

Historically, the party that won the White House in the prior election loses seats in Congress after the midterm elections. In 2010, two years after the election of President Obama, the Republican Party took over The House of Representatives with a net gain of sixty-three seats in the House and six in the Senate. Democrats are hoping they will be able to pick up seats in the same way. With Federal Election Commission (FEC) data, the top 3 fundraising candidates of the 2017-2018 year so far are Donald J. Trump, John Ossoff, and Doug Jones.

In the 6th District race in Georgia, Democrat John Ossoff out-raised his Republican opponent, Karen Handel, by at least 22 million. The nation and the mainstream media was in shock when Karen Handel won that race. Money does a lot in politics, but it cannot win elections outright. Maybe, just maybe, John Ossoff should have lived in the district he was running for.

The question for many is, will this momentum from several special elections carry into the 2018 midterm?

In 2017, a special election was held in Alabama to fill Jeff Sessions vacant Senate seat. Roy Moore shockingly beat the Trump endorsed candidate, Luther Strange, for the Republican nomination. It is worth mentioning that Roy Moore was a disaster of a nominee and failed to get the support of his own party. This could have been a significant factor as to why Doug Jones was able to defeat Moore. Although Democrats have had a few victories in the past couple of months, Americans are reaping from the historic tax cuts President Trump signed less than two months ago.

After President Trump signed the historic Tax Cuts and Jobs Act, his approval rating seems to keep going up. Rasmussen recently reported that Trump had a 47% approval rating, much higher than just a few months ago. Fundraising for the House and Senate between Republicans and Democrats is quite close. The Democratic Congressional Campaign Committee (DCCC) has over $38 million, while the GOP counterpart, The National Republican Congressional Committee (NRSC), has over $43 million. A few million is not much in politics and there is still much more fundraising to do for the 2018 primaries. The next FEC filing date is February 22nd.

The House of Representatives is the biggest opportunity for the Democratic party to take over in 2018, but they are behind on cash for that race. The Senate is a different story. While the Democrats have more seats to defend than Republicans, they lead in cash on hand. The Democratic Senatorial Campaign Committee has over $19 million on hand, while The National Republican Senatorial Committee has slightly over $15 million on hand. Both parties are winning one of the fundraising races in late 2017 to now. With upcoming deadlines looming, it will be a story worth following to see if the Republicans new higher approval rating will allow them to boost fundraising or if the #Resist motto will begin to attract more donors, while tax reform is boasting paychecks.

Republicans can rest easily if they are worried about fundraising after reading through the current FEC reports. The Republican National Committee (RNC) has over $38 million on hand, The Democratic National Committee (DNC) has under $7 million.

The GOP has a clear and prepared lead on cash going into the 2018 primaries. With polls increasing for the GOP, 2018 might not be the “blue wave” Democrats have been hoping for since November 2016. In fact, many are thinking the GOP will keep both majorities and pick up seats on the way. People vote with their wallets, not their hearts and Nancy Pelosi is not helping her party’s cause by calling the $1,000 bonuses Americans are receiving as ‘crumbs.’

Eric Cox is a Junior at Gahanna Lincoln High School in Columbus, Ohio. He is involved in Turning Point USA, and is currently the Director of Communications for Melissa Ackison's US Senate Campaign. Eric is also a volleyball player, playing both club and school volleyball during High School.

The views expressed in this article are the opinion of the author and do not necessarily reflect those of Lone Conservative staff.


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About Eric Cox

Gahanna Lincoln High School

Eric Cox is a Junior at Gahanna Lincoln High School in Columbus, Ohio. He is involved in Turning Point USA, and is currently the Director of Communications for Melissa Ackison's US Senate Campaign. Eric is also a volleyball player, playing both club and school volleyball during High School.

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