President Biden is authorizing the Democratic National Committee (DNC) to transfer $10 million to the House and Senate Democratic campaign committees and pledging to help raise $8 million for party candidates, a senior party official said. who is familiar with the plans, tells CBS News.
The president’s decision to distribute the money — which he can authorize as head of the Democratic Party — comes as he plays a more tacit public role in electing Democrats, marking the two-year run of his first term, than previous presidents. cross over. But Mr. Biden has proven to be an effective fundraiser,Another big fundraiser is scheduled for next week in California, New York, New Jersey, Massachusetts and Pennsylvania, and in Florida in recent weeks.
The Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee are planned to distribute $5 million each, meaning the DNC has transferred a total of $27 million so far this cycle.
Separately, the president is vowing to help raise another $8 million over the next few weeks for the two campaign committees “by combining fundraising, email, SMS, and more.” The money transfer was first reported by CNN.
In the final leg of the campaign, Mr. Biden will set out on the campaign trail. On Friday, he and Vice President Kamala Harris are on their way to Philadelphia to campaign with the Democratic Senate nominee, who is in a tight race with Republican rival Mehmet Oz to retire from Sen. Pat Tomei’s seat. Fetterman is still a . recovering from He suffered a loss in May, and his continued struggle with auditory processing was on display during his With Oz this week.
Mr. Biden isIn his home state of Delaware, where in-person early voting began on Friday.
Candidate campaigns and committee pre-election campaign finance reports are for October 1–19, along with numbers on how much they spent during that period. All 10 Democratic incumbent senators and candidates outnumbered their Republican opponents in CBS News’s defining battleground race. Sen. Raphael Warnock of Georgia raised $12.1 million, spent $15.5 million and topped all three categories with $10.4 million in cash. Rep. Tim Ryan in Ohio and Mandela Barnes in Wisconsin both outnumbered their GOP opponents by at least $6 million. Maggie Hassan of New Hampshire raised $2.3 million, while her GOP rival Don Bolduc raised $604,155 and has $349,541 in cash.
Recent CBS News polling found that House Republicans continue to lead the Democrats, but CBS News’ estimates of their expected winning majority are falling short, ticking our model estimate. According to our model, Republicans were at 226 in August and 230 in July. To get a majority in the House, a party has to win 218 seats.
Aaron Navarro and Sarah Cook contributed to this report.