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Donors have not cut as many large checks to the RNC in recent years, and the party’s small-dollar program has also suffered
The Republican National Committee disclosed that it had $9.1 million in cash on hand as of Oct. 30, the lowest amount for the RNC in any Federal Election Commission report since February 2015. That compares with about $20 million at the same point in the 2016 election cycle and about $61 million four years ago, when Trump was in the White House.“It’s a revenue problem,” Tennessee RNC member Oscar Brock said. “We’re going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail. But the return is much lower this year. If you know the answer, I’d love to know it."
Some donors aren’t giving to the RNC because they think that will help Trump, which they don’t want to do, these people said, while others have said they prefer to wait until 2024 to give. Some have grown frustrated with the party’s leadership, people close to major donors said.
Republican frustrations burst into the open this month after GOP losses in races for the Virginia legislature [and elsewhere]
In October, the RNC rejected a request for additional funding for the Virginia GOP this fall, said the state party chairman, Rich Anderson.
In TV and podcast interviews after the elections, McDaniel repeatedly defended the RNC’s refusal to pay, arguing that federal campaign finance laws limit the national committee’s involvement in state elections. In fact, there are no limits on RNC transfers to state parties.