national republican congressional committee

Paul Ryan Collects Almost $7 Million (Corrected)

Mitt Romney Va. Tour

Corrected, 10:30 a.m. | 2012 vice presidential nominee Rep. Paul D. Ryan has had the time and opportunity to methodically meet and greet the top financial donors of the Republican Party around the country - and collect almost $7 million dollars in campaign contributions.  

Ryan for Congress reported  it had receipts of $1,611,280 during the second quarter of 2014. This brings the Wisconsin Republican's election cycle total receipts to $6.95 million.  

National Party Committees Report May Financial Figures

The two major national party committees and the four Congressional campaign committees had healthy fundraising efforts during May, leaving them with substantial war chests for the upcoming elections.  

The Democratic National Committee (DNC)  reported  receipts of $8,785,383 and disbursements of $8,777,135, leaving $7,939,858 cash on hand on May 31st. The committee has debts of $4,909,240. During May the committee made a loan repayment of $1,875,000.  

DNC Chips Away at Debt, NRCC Has Receipts Chipped Away

The two major national political party committees reported similar fundraising receipts during April, but the House Republican committee reported lower fundraising results than the Democrats.  

The Democratic National Committee  (DNC) reported  receipts of $9.3 million and disbursements of $11.2 million during April, leaving $7.9 million cash on hand as of April 30th, with $8.7 in outstanding debts. Small contributions from persons giving $200 or less accounted for $4.5 million of the receipts. California itemized donors provided $1.1 million. The committee repaid $3,750,000 on a loan from Amalgamated Bank of New York. They repaid $1,875,000 on April 1st and April 30th.  

PAC Contributions Returned

While members of Congress and federal candidates are known for soliciting millions of dollars from political action committees (PACs), there are a few instances when campaigns refund the money to PACs .  

Treasurers of corporate, trade association, and labor PACs are happy to get the money back, especially after they have already received credit for making the original contribution. Now they can use the money to give to another campaign.  

National Republicans Register New Joint Fundraising Committee

A week after the U.S. Supreme Court stuck down overall aggregate limits on campaign contributions, the three national Republican campaign committees have formed a new joint fundraising committee.  

The Republican Victory Fund  was registered  as a joint fundraising committee with the Federal Election Committee on April 9th by treasurer Keith Davis of the Huckaby Davis Lisker political accounting firm. The filing was made public on Friday.  

Fundraising Puts Rep. Paul Ryan's War Chest Over $4 Million

A national-wide direct mail fundraising for a former Vice Presidential candidate has helped increase the size of his 2014 campaign war chest to over $4 million.  

Ryan for Congress Inc., the campaign committee of Rep. Paul Ryan , R-Wis., has reported  receipts of $1,396,793 and disbursements of $595,991 during the first quarter of 2014, leaving $4,007,396 cash on hand as of March 31st, along with $79,548 in debts.  

Google Inc. NetPAC Has Record Giving Month

The political action committee of a major Internet services and products company has increased its political contributions to a new high.  

Google Inc. NetPAC reported today it had giving $174,500 to federal candidates and committees during February. Previously, their high month was September 2012, when the PAC gave $165,500 to federal candidates and committees.  

DCCC Spends $570K More on Ads Opposing Jolly

National party committees and super PACs continue to buy hundreds of thousands of dollars worth of independent expenditure ads in the last week before the Florida Special Election on March 11th.  

The Democratic Congressional Campaign Committee  reported this afternoon it spent $587,561 on 3/4 for media production and media buys opposing David Jolly, R-Fla. The House Majority PAC  reported it spent $24,792 of 3/3 for direct mail opposing David Jolly. Women Vote! reported it spent $10,698 on 3/3 for mailhouse expenses opposing David Jolly. The SEIU COPE  reported it spent $3,974 on 3/3 for salary and canvassing supporting Alex Sink, D-Fla..