How Bad Is It for House Republicans?

It’s not great. But the Democrats’ frequently touted fundraising edge is overstated.

It’s only May, but House Democrats are measuring the drapes. “We will win,” Nancy Pelosi assured the press Tuesday—adding, “I will run for speaker,” in case anyone doubted it. The 78-year-old pol is so confident of retaking the House that she’s already pre-emptively naming committee chairman, starting with three New Yorkers: Rep. Carolyn Maloney, 72, to lead the Joint Economic Committee; Rep. Jerry Nadler, 70, to lead Judiciary; and a spring chicken, Rep. Nydia Velázquez, 65, to lead Small Business.

Mrs. Pelosi’s confidence...