In a sign of confidence in his re-election, Politico reports Rep. Paul Ryan, R-Janesville, will be betting big on a GOP-held House. The D.C.-based publication says the House Budget Chairman has pledged a cool $1 million from his campaign coffers to the National Republican Campaign Committee (NRCC) to help Republicans preserve their majority.
Leading House Republicans are making huge donations to the party’s campaign arm as they aim to win a dozen or more seats in the November elections.
Majority Leader-elect Kevin McCarthy of California gave $1.5 million to the National Republican Congressional Committee. Reps. Jeb Hensarling of Texas and Paul Ryan of Wisconsin both kicked in $1 million to the campaign arm.
The contributions were announced at a closed GOP meeting Tuesday at the Capitol Hill Club.
According to his most recent filing with the Federal Elections Commission, Ryan ended Q1 of 2014 with over $4 million cash on hand.
It is common in midterm elections to see House leadership on both sides of the aisle drop significant sums into the coffers of their respective campaign committees. Not only is it a sign of faith in the party’s ability to either hold or capture the chamber, but often times are required dues for being a member of the caucus.
Ryan is also free to make such a large donation since it is largely perceived he faces mainly token opposition in both his primary (against professional protester Jeremy “Segway Boy” Ryan) and general elections (a likely rematch of his 2012 opponent, Kenosha businessman Rob Zerban).