A new report from Issue One called “The Price of Power” details how the chairs and ranking members of the most influential committees in the U.S. House of Representatives are increasingly being pressured by party leadership to funnel significant portions of the funds they raise back to the National Republican Congressional Committee (NRCC) and Democratic Congressional Campaign Committee (DCCC) under the current “party dues” system.
At the extreme, House Financial Services Committee Chair Rep. Jeb Hensarling (R-TX) transferred more than $3 of every $5 he raised for his campaign committee during the past eight years back to the NRCC, according to this first-of-its-kind analysis of campaign finance data by Issue One — a total of $6.3 million.