The Republican Governors Association (RGA) brought in just under $19 million in the second quarter of 2010 and ended the month of June with $40 million in the bank, according to an RGA source. The massive haul brings the campaign committee’s total for the first six months of the year to a towering $28 million – approximately the same amount as the RGA raised for the entire year of 2006, under the leadership of then-Massachusetts Gov. Mitt Romney.
The RGA’s powerful financial performance is a fresh notch in the political belt of Mississippi Gov. Haley Barbour, who chairs the committee. And it will likely make the RGA, which does not operate under the same fundraising restrictions as federal campaign committees, better financed by far in the final four months of the campaign than the Republican National Committee, the National Republican Senatorial Committee and the National Republican Congressional Committee.
The RGA’s most direct partisan competitor, the Democratic Governors Association, has yet to unveil its fundraising figures for the second quarter, but will be hard pressed to keep up with the RGA, which has historically outraised its Democratic competitor. At the end of March, the DGA had $22 million in the bank, while the RGA had $31 million in reserve.