March fundraising reports for the six major party committees:
| Committee | March Receipts | Disbursements | Cash-on-Hand | Debt |
|---|---|---|---|---|
| DCCC | $10,190,728 | $9,757,089 | $3,347,147 | $8,000,000 |
| NRCC | $5,273,648 | $3,904,277 | $3,221,746 | $5,000,000 |
| DSCC | $5,000,000 | $7,200,000 | $10,800,000 | |
| NRSC | $4,940,000 | $2,270,000 | $1,000,000 | |
| DNC | $7,806,064 | $6,633,684 | $9,768,063 | $6,650,934 |
| RNC | $6,856,391 | $6,918,206 | $23,939,995 | $0 |
Note that the DNC figure includes a $2 million transfer from the Obama campaign, which makes their March intake not so impressive compared to the RNC. (Say what you will about Michael Steele, but fundraising does not seem to be suffering too badly under his watch.) Spending tallies for the two Senate committees are also currently unavailable.
Once again the story continues to be the rather portly levels of debt held by the Dem House and Senate committees, which in aggregate are just over three times as large as the combined NRCC/NRSC debts. But the Democratic committees should be able to balance the books sooner rather than later — especially with a major June fundraiser headlined by President Obama on the horizon.
Is paying down debt included within disbursements? That’s the only thing I can think of that could account for such large disbursements by the DCCC. If wrong, what are they spending the money on?
Also, didn’t the RNC transfer a lot of money to the NRCC and NRSC? If so, how are they accounted for? Would it be a disbursement on the part of the RNC and a receipt on the part of the NRCC and NRSC?
the Dem cash advantage will be smaller in 2010 than it was in 2008. This will mean the DCCC and DSCC will need to be even more selective in the races they fund.