(TheRedWire.com) – The National Republican Senatorial Committee (NRSC) more than doubled its fundraising in January. According to Sen. Rick Scott (R-FL), the chairman of the NRSC, the donations were largely from small donors after corporations bailed on the GOP in the wake of bad press surrounding the Jan 6 riots on Capitol Hill. The NRSC currently has $17.2 million in the bank versus $7.6 million a year ago.
The @NRSC starts the 2022 cycle in a strong financial position!
We are well-equipped to support our Republican candidates as we fight together for freedom and opportunity across the country. https://t.co/NxqgZeaAsn
— Rick Scott (@ScottforFlorida) February 9, 2021
The media went wild in early January when big businesses such as AT&T, Comcast, Dow, Marriott, Walmart, and Verizon said they would not support Republican politicians. Over 145 Republican congress members and Sens. Ted Cruz (R-TX) and Josh Hawley (R-MO) objected to certifying two state’s Electoral College results. Despite the media fear-mongering, the NRSC brought in $4.24 million over the internet in the days following the corporate donor bans.
While the media speculated Republicans were in deep trouble, the opposite was true. In fact, corporate giving to Republicans was less than 3% of GOP fundraising in the 2019-2020 campaign. Unlike Democrats, who rely heavily on big business, the GOP is no longer beholden to business titans. Republicans are raising enormous funds through small donations from the grassroots base of the party.
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