GOP Raises More Than Twice as Much as Democrats: Campaign Update

(Bloomberg) -- The Republican National Committee raised $20.6 million in November, more than twice as much as its Democratic counterpart, according to the organizations’ latest filings with the Federal Election Commission.

The RNC ended November with $63.2 million cash on hand, a war chest built in part by President Donald Trump’s fundraising. The incumbent’s party usually enjoys an advantage over its rival in raising funds in the year ahead of the election.

The Democratic National Committee raised $8.1 million and ended the month with $8.4 million in the bank.

Overall, the RNC has raised $215 million so far to support Trump’s re-election and Republican candidates up and down the ballot. The RNC has targeted Democratic House members in districts Trump won over the impeachment vote.

The RNC spent $18.8 million in November, while the Democrats spent $8.4 million. It was the fifth month this year that the DNC spent more than it raised. It ended the month with $6.5 million in debts, while the RNC reported none.

Kevin Costner to Endorse Pete Buttigieg (1:30 p.m.)

Kevin Costner will endorse Pete Buttigieg at a campaign event in Iowa on Sunday, according to the campaign.

Costner, the actor, producer and director known for starring roles in “Dances With Wolves” and “Field of Dreams,” will join Buttigieg at a town hall in Indianola, Iowa.

The endorsement was announced a day after the actor and producer Donald Glover joined Andrew Yang’s campaign as a creative consultant. -- Emma Kinery

Bloomberg Unveils Plan to Combat Opioid Crisis (12:58 p.m.)

Democratic presidential candidate Michael Bloomberg is calling for addressing the scourge of opioid abuse by expanding access to treatment, setting national standards for gathering state data on use and overdoses and requiring insurers to remove obstacles to covering medications for opioid use disorder.

Bloomberg released his plan Friday in Ohio, which had the second-highest rate of drug-overdose deaths involving opioids among all U.S. states in 2017 behind West Virginia, according to the National Institute on Drug Abuse.

“This is a deadly thing that is just going through our society,” Bloomberg told reporters after a roundtable with community leaders in Chillicothe, Ohio. “Every state, every economic level, every ethnicity, it doesn’t seem to be sparing anyone.”

Bloomberg’s campaign said it’s still developing cost estimates and offered no information on how he would pay for the proposal. It said the plan would build on the work the former New York mayor does through Bloomberg Philanthropies. Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.

Bloomberg also announced an initial team of more than 200 staff in more than 20 states and pledged to keep staff in key states through the November general election -- even if he doesn’t win the nomination -- to help defeat President Donald Trump. -- Mark Niquette

DNC Sets Higher Requirements for January Debate (12:04 p.m.)

The Democratic National Committee announced higher requirements for candidates to make the stage for the seventh Democratic debate in Iowa next month.

To qualify for the Jan. 14 debate, candidates must reach 5% in four DNC-approved national or early-state polls or 7% in two DNC-approved early-state polls and must have received donations from 225,000 individuals. Candidates have until midnight on Jan. 10 to qualify.

The qualification requirements are higher than for Thursday’s debate. Candidates needed at least 200,000 unique donors and meet one of two polling thresholds: 4% in at least four DNC-approved national or early-state polls, or 6% in two DNC-approved early-state polls.

Candidates like Cory Booker and Julian Castro, neither of whom made the stage Thursday, criticized the polling and donor thresholds for the December debate and called on the DNC to stop increasing the criteria for the seventh.

The January debate will be co-hosted by CNN and the Des Moines Register at Drake University in Des Moines. -- Emma Kinery

Biden, Sanders Only Ones to Beat Trump in Poll (8:08 a.m.)

Both former Vice President Joe Biden and Vermont Senator Bernie Sanders topped President Donald Trump in a new CNN national poll that found other Democratic candidates trailing the president.

The survey found 49% would vote for Biden in a head-to-head match-up with Trump, who garnered 44%. Paired against Trump, Sanders got 49%, compared to the president’s 45%.

Those numbers are a change from October, when Massachusetts Senator Elizabeth Warren and South Bend, Indiana, Mayor Pete Butting were also beating Trump in the hypothetical contests with Trump.

The poll released Friday finds Buttigieg and Warren each run about even with the president, though results for those two candidates are within the survey’s margin of error.

Meanwhile, the economy got its highest rating in almost 20 years, with three-quarters of those surveyed saying conditions are very or somewhat good. Those positive ratings are up across parties compared with August of this year, with 97% of Republicans rating economic conditions as good -- and 75% of independents, and 62% of Democrats saying the same. -- Laura Curtis

COMING UP

Biden and Sanders hold campaign events in Los Angeles on Friday. Amy Klobuchar is in Iowa.

Warren will hold a meeting with Native American tribal leaders in Oklahoma on Sunday. She will later hold a town hall at a high school in Oklahoma City.

(Michael Bloomberg is also seeking the Democratic presidential nomination. Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.)

--With assistance from Laura Curtis, Mark Niquette and Emma Kinery.

To contact the reporter on this story: Bill Allison in Washington DC at ballison14@bloomberg.net

To contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Virginia Van Natta

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