McCarthy's July-September third-quarter haul shared first with Fox News on Tuesday brings the minority leader's entire fundraising thus far this year to $57.8 million, the most a House Republican has ever raised in an off-election year. In addition, McCarthy broke his own record, which he set throughout the first nine months of 2019 by raising $41.6 million.
According to aides, McCarthy's third-quarter fundraising came from more than 40,000 donors, and McCarthy had $7 million cash on hand as of the start of October.
"I want to thank all our contributors who helped make this a record-breaking quarter. With 13 months to go, the contrast is stark -- Republicans nationwide are fired up to take back the House, while Democrats are running for the exits," the longtime congressman from California charged.
"With a record number of Republicans filing to run, it Is clear our movement is more united and energized than ever before," McCarthy stressed. "Working together, I'm confident we will take back the House convincingly next November."
While Republicans lost the White House and their Senate majority in the 2020 elections, they defied expectations and took a big bite out of the Democrats' large House majority. As a result, the GOP now needs a net gain of only five seats in the 435-seat chamber in the 2022 midterms to regain the majority it lost in the 2018 election.
The House GOP leader's team spotlighted that in the past nine months, McCarthy's transferred $19.4 million to the National Republican Congressional Committee, which is the House Republicans' reelection arm, $8.3 million directly to GOP incumbents in extremely contested seats, and $2.3 million to Republican state parties.
McCarthy's team further underlined that a sum of 782 Republican candidates have filed thus far this cycle to run for the House, up from 495 at the same time in the 2010 cycle, when Republicans convincingly won back the majority by riding a massive red wave to a 63-seat pick-up. They further note that 180 women, 155 minority candidates, and 163 veterans have filed thus far this cycle, all up significantly from the same time in the 2020 cycle.
Gerrit Lansing, the president of WinRed, the GOP's online fundraising clearinghouse, told Politico that the change in fees could end up saving "millions" of dollars throughout the 2022 midterm election cycle.
In a statement, Lansing announced that the choice was born out of WinRed's "ability to achieve and maintain scale."