There are some Democrats who firmly believe that a “blue wave” will sweep them into power in the 2018 midterm elections, and that even if they are still unable to impeach President Donald Trump, they’ll nevertheless be poised to oust him from office in the 2020 election.
However, given that campaign finances and fundraising are an integral part of party politics and electoral success, Democrats are already facing an uphill battle in 2018 as they have been significantly out-raised by their Republican counterparts.
According to Independent Journal Review, that uphill climb against congressional Republicans in 2018 looks like it will transform into an insurmountable height for Democrats to conquer in 2020 when they face off against Trump, as he has already raised an incredible amount for his re-election campaign during his first year in office.
The 4th Quarter campaign finance report filed with the Federal Election Commission revealed that Trump’s campaign has already raised more than $20 million toward his re-election bid.
That included nearly $7 million in total receipts in just the past few months, with more than $22 million in “cash on hand” at the end of the year.
By way of comparison, a similar FEC report showed that former President George W. Bush only had about $3.8 million in cash at the end of his first year, and former President Barack Obama — who didn’t even really start fundraising until after his second year in office — held only $2.3 million in cash at the end of 2009, per the FEC.
In a media release from the Donald J. Trump for President, Inc. campaign, it was shown that Trump had raised $2,165,435 in direct contributions and received $3,538,078 in joint fundraising with the Republican National Committee in Q4, which when combined with other receipts totaled $6,902,305.
That incredible amount raised in Q4 led to the campaign having the unprecedented amount of $21,109,158 in cash on hand to close out the year.
Making that feat even more astounding is the fact that a full 98.5 percent of contributions throughout 2017 came from small donors contributing $200 or less — meaning the overwhelming majority of Trump’s campaign funds came from regular American citizens backing their president with their own hard-earned cash.
That fact was duly noted in a statement from Lara Trump, daughter-in-law and senior adviser to the campaign, who stated, “Our latest FEC report is just one reflection of a fundamental reality: grassroots support for President Trump is stronger than ever.”
“Never before has a President’s campaign committee raised so much in his first year in office, and never has a President enjoyed so much support from small donors who continue to rally around him,” she continued.
“President Trump is grateful to those hard working men and women who believe so strongly in his commitment to Make America Great Again that they continue to contribute to our campaign in record numbers.”
The Democrat Party right now is in utter disarray — evidenced by their no less than five different responses to Trump’s State of the Union address — and have nothing of substance policy-wise to unify them outside of blind opposition to the president.
If they have any desire to defeat Trump in 2020 at the voting booth, they better get their act together and start raising the necessary funds to do so, as Trump has an incredible head start on whoever they nominate to challenge him.
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