Democrats crow about fundraising in competitive Senate races

The money will help Democrats make their case to voters and counter Republican attacks, but it doesn’t change the fundamental fact that control of the Senate will be decided in territory that favors Republicans. Except for Maine, where Democrats Graham Platner and Janet Mills are still battling for the party's nomination to challenge Republican Sen. Susan Collins, all of the top battleground races are in states President Donald Trump won in 2024.

The totals reported to the Federal Election Commission Wednesday offer only a snapshot of overall fundraising, as most major campaigns have joint fundraising committees and other accounts from which they can spend. National parties and independent groups also will spend hundreds of millions across the country.

Republicans lagged

Democrats far outpaced Republicans.

In Texas, incumbent Sen. Jon Cornyn and state Attorney General Ken Paxton — who are locked in a bitter runoff for the GOP nomination — raised $4.2 million combined, just 15% of Talarico's revenue for the quarter. Two of the three main Republicans in Georgia — Derek Dooley and Buddy Carter — combined for about $1.1 million. The third, Mike Collins, raised just over $1 million.

Former Republican National Committee Chair Michael Whatley raised $3.2 million in North Carolina and Sen. Jon Husted raised $2.9 million in Ohio.

Collins, a top target for Democrats, raised $3.1 million in Maine. Mills, the governor who is preferred by much of the Democratic establishment, raised $2.6 million, while Platner, an oyster farmer backed by progressive leaders including Sen. Bernie Sanders, raised $4 million.

In Alaska, Democratic former Rep. Mary Peltola reported raising $8.7 million, compared with $1.7 million for Republican Sen. Dan Sullivan.

Money isn't everything

Republicans said flush coffers don't guarantee victory.

Retiring Republican Sen. Thom Tillis of North Carolina pointed out that his opponent in 2020 also celebrated successful fundraising quarters but didn't win.

Democrats Beto O'Rourke in 2018 in Texas and Jaime Harrison in 2020 in South Carolina shattered fundraising records and still lost to their Republican rivals.

"We don’t have to outraise them," Tillis said. "We just got to out run them.”

There's an imbalance in Republicans' favor at the national committee level. The Republican National Committee reported roughly $109 million cash on hand in its most recent FEC filing, compared with roughly $16 million for their Democratic counterpart, plus Democrats are carrying about $17 million in debt.

Waiting in the wings for Republicans is a super political action committee tied to Trump — MAGA Inc. — which has more than $300 million cash on hand, according to the FEC.

The rosy first-quarter contributions carry some advantages for Democrats, namely the ability to buy limited advertising slots ahead of the election to get on the air early and make an impression with voters. Candidates also get favorable rates for television ads so their money goes further than independent expenditures by outside groups, though that advantage is eroding as ad spending increasingly shifts toward digital streaming.

“Winning in Texas will require unprecedented resources,” Talarico campaign manager Seth Krasne said in a statement. “This grassroots fundraising haul puts our movement in a strong position to spread our message in some of the most expensive media markets in the country.”

Talarico will face the winner of the GOP runoff on May 26 between Cornyn and Paxton.

This story has been corrected to show that Cooper raised $8.8 million, not $13.8 million; Brown raised $10.1 million, not $12.5 million; Whatley raised $3.2 million, not $2.1 million; Peltola raised $8.7 million, not $8.9 million; and Cornyn and Paxton raised $4.2 million combined, not $2.5 million.

Associated Press writer Joey Cappelletti in Washington contributed to this report.