President Joe Biden has ordered the Democratic National Committee to immediately transfer an additional $10 million to House and Senate Democratic campaign arms and committed an additional $8 million to both groups through Election Day fundraising, according to Democratic officials.
The new infusion of DNC funds totals $27 million in all transferred to the Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee, a record for the party and nearly double the previous high of $13.9 million in 2010.
An additional $8 million in pledges will be raised through in-person and virtual fundraisers and the use of Biden’s grassroots fundraising list.
The new investment comes as Democrats are engaged in fierce political battles in districts and states across the country, trying to hold on to narrow House and Senate majorities. It also provides a window into the role that Biden has fully embraced in recent months, even as he has avoided large campaign rallies with front-runners: head of fundraising.
Biden, for his part, has expressed an optimistic view of the final two weeks of the campaign season, even as Republicans show signs of poll momentum turning into significant gains in the House and a path to flipping the Senate.
“The polls have been all over the place,” Biden said in remarks at the Democratic National Committee on Monday. “Republicans forward. Democrats ahead. Republicans forward. But, in my opinion, it will be closed after seeing one more change: the Democrats ahead in the last days.”
Still, Democrats are looking to overcome history and acute economic headwinds as they enter the final stretch of the campaign cycle. The first midterm elections for a president’s party have almost always resulted in losses, including some of the large-scale wipeouts that cost Biden’s predecessor majorities in 2010 and 2018.
The DNC, in an effort to bolster the party’s prospects, began allowing coordinated campaigns in critical battlegrounds eight months before past election cycles. Those states – all now at the center of the nation’s tightest races – were Arizona, Georgia, Michigan, New Hampshire, Nevada, North Carolina, Pennsylvania and Wisconsin.
Shortly after Biden was elected in 2020, he and his top political aides moved to build the DNC into his main outside political apparatus. Biden turned over his campaign assets to the party committee, including his core fundraising list and his campaign’s distributed organizing program. Both have been key components of the DNC’s party-building and midterm organizing efforts.
“President Biden’s 2020 campaign assets have contributed to an unprecedented $155 million in fundraising to date, the committee’s best-ever midterm cycle for grassroots fundraising, resulting in historic levels of party-building and direct campaign investment,” Sam . Cornel, the DNC’s executive director, wrote in a statement released Tuesday and obtained by CNN.
The DNC has continued its multi-year investment in data and technology infrastructure after widespread criticism that the party lagged behind its Republican counterpart after the 2016 election.
For Biden, whose five long decades of politics have revolved around strengthening the party, financial resources and investment have become a critical part of Democratic efforts to buck history and maintain what his advisers see as a way to hold onto the Senate and fight for it. dozens of races in the House.
But investments in state parties, infrastructure and data also have a longer-term purpose for the party, which has debated where or whether to centralize a party’s resources. As Biden decides whether to run for re-election, which he has said he wants to do but hasn’t finished yet, the DNC has become the site of a long-awaited campaign infrastructure.
“Under President Biden’s leadership, the DNC has invested earlier and stronger than ever in this year’s midterm elections to ensure our candidates have the resources they need to build strong campaigns; we’ve made sure Democrats across the country have the resources they need and are laying the groundwork for the coming cycles,” Cornel wrote in the statement. .