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Ossoff, Warnock each rake in over $100 million

Ossoff, Warnock each rake in over $100 million

Democratic Georgia Senate candidates Jon Ossoff and the Rev. Raphael Warnock have broken fundraising records over the last two months, with each of the candidates raising over $100 million in the Senate runoffs that are set to determine which party controls the upper chamber. 

Ossoff has now become the best-funded Senate candidate in U.S. history, raising $106.8 million in two months, according to multiple reports.

Ossoff ended the period between Oct. 15 through Dec. 16 with $17.5 million in the bank after spending $93.5 million.

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Grassroots donors, or those contributing less than $200, gave Ossoff $49.6 million, according to Bloomberg News.

The Democrat is running against Sen. David PerdueDavid PerdueGeorgia Gov. Kemp says he'd 'absolutely' back Trump as 2024 nominee Bipartisan bill would ban lawmakers from buying, selling stocks Please, President Trump: Drop your quest for revenge and help the GOP MORE (R-Ga.), who raised $68 million during the period.

Warnock, who is challenging Sen. Kelly LoefflerKelly LoefflerGeorgia Gov. Kemp says he'd 'absolutely' back Trump as 2024 nominee Bipartisan bill would ban lawmakers from buying, selling stocks Kelly Loeffler's WNBA team sold after players' criticism MORE (R-Ga.), raised $103.4 million over the same period, spending $86.1 million. The Georgia reverend’s campaign had $22.8 million in cash as of Thursday. 

“We're humbled by the grassroots support and generosity that continues to power Reverend Warnock’s campaign to represent all Georgians in the U.S. Senate. Millions of people have donated their time, energy and contributions to help us communicate with Georgians all over this state to help deliver Reverend Warnock’s strong, moral leadership and bring change to Washington on January 5th,” Warnock's campaign manager, Jerid Kurtz, said in a statement to The Hill

Loeffler’s campaign reported raising $64 million and ending the period between Oct. 15 through Dec. 16.

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South Carolina's Jaime Harrison (D), who challenged GOP Sen. Lindsey GrahamLindsey Olin GrahamHere's who Biden is now considering for budget chief House Democratic leaders back Shalanda Young for OMB after Tanden withdrawal The Memo: Is Trump mounting a comeback — or finally fading? MORE in the state’s 2020 Senate race, set the previous fundraising record for one quarter with $57.9 million raised in the third quarter of this year. 

A slate of outside groups and both parties’ senatorial committees do not have to report their fundraising until after the Jan. 5 runoff, Politico reported. That means voters will cast their ballots before the source of some fundraising becomes public information.  

The January elections will determine if Republicans maintain control of the Senate. If both Democratic candidates win their respective races, Democrats and Republicans will hold 50 seats in the upper chamber, and Vice President-elect Kamala HarrisKamala HarrisMichelle Obama says 'everyone was concerned' about potential violence at Biden inauguration Ella Emhoff, inauguration designer join forces on knitwear collaboration Who is the Senate parliamentarian and why is she important? MORE will be able to cast tie-breaking votes.

--Updated on Dec. 25 at 7:59 a.m.