Trump Ushers in New Era for GOP as Small-Dollar Donations Surge

  • 2019-08-13
  • Source: TTN
  • by: TTN Staff
Trump Ushers in New Era for GOP as Small-Dollar Donations Surge
By Gage Skidmore from Peoria, AZ, United States of America (Donald Trump supporters) [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons
 
New data shows that President Trump has ushered in a new era for the GOP. The party that was once considered the party of big money now has a majority of their donations come from small-dollar donors.

According to Fox News:

The Republican Party has long been panned by its detractors as the party of big money and big donors -- but donation patterns have changed measurably under President Trump, a Fox News analysis of campaign finance data shows.

Sixty-one percent of money raised directly by the Trump campaign this election cyclecame from small donors (donations under $200), according to Federal Election Commission figures.

That is similar to the proportion Trump raised during the 2016 election cycle, when 65 percent of donations were under $200. And this is dramatically higher than previous Republican nominees. Mitt Romney raised 26 percent of his direct contributions from small donations in 2012, and John McCain raised 25 percent from small donations in 2008.

...

"Democrats have traditionally been the party that has benefited the most from cultivating a small donor base," Alex Baumgart, individual contributions researcher at the Center for Responsive Politics, which runs the donation database OpenSecrets.com, told Fox News.

The shift in donors shows that the party is gaining popularity among middle-income Americans according to experts.

 Source: TTN

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