Gop Heads For Record In Fund Raising
Taking advantage of their new majority status, House Republicans led the way toward a record $43.8 million in campaign fund raising in the first half of this year.
The total for both parties represented a 38 percent increase over the comparable period in 1993, when House incumbents raised $31.5 million, and was the highest total for the kickoff season of a new election cycle in the 20 years records have been kept.
Led by Speaker Newt Gingrich’s $885,000 and by an aggressive freshman class, the House’s new GOP majority accounted for $27.5 million, or nearly two-thirds of the total.