Love of money is the root of all evil. Here are the February fundraising numbers for the six major party committees (January numbers are here):
Committee | February Receipts | February Spent | Cash-on-Hand | CoH Change | Debt |
---|---|---|---|---|---|
DCCC | $4,353,273 | $2,857,374 | $19,817,659 | $1,495,898 | $666,667 |
NRCC | $5,082,175 | $3,150,852 | $6,064,250 | $1,931,323 | $0 |
DSCC | $4,000,000 | $2,700,000 | $14,300,000 | $1,349,746 | $417,000 |
NRSC | $4,640,000 | $2,200,000 | $12,860,000 | $2,228,689 | |
DNC | $7,422,413 | $6,887,993 | $10,738,876 | $534,419 | $3,715,977 |
RNC | $7,688,126 | $7,708,241 | $9,462,763 | ($20,114) | $0 |
Total Dem | $15,775,686 | $12,445,367 | $44,856,536 | $3,380,064 | $4,799,644 |
Total GOP | $17,410,302 | $13,059,093 | $28,387,013 | $4,139,898 | $0 |
Outraised across the board, and outraised overall for the third month in a row. At the end of November, Democrats had a $20 million cash advantage. Now that’s down to $16 million.
And the debt ain’t helping.
I’m not too upset that Republicans raised about 10% more than Democrats given the circumstances. Democrats are supposed to be depressed and Republicans energized, so I’d expect higher Republican numbers. The DNC and RNC numbers for funds raised are practically even. The Dems still have a big cash advantage on the House side that won’t be eclipsed even if these numbers are repeated through November.
And Democratic numbers may improve if–if–health care reform passes.
But there are a lot of other money issues to account for: individual candidate fundraising, and the wild cards of 527 organizations and corporate advertising.
these numnbers look pretty good to me, all things considering. what’ll be interesting to see is who benefits most financially from health care reform. my guess is the democrats – i don’t think a lot of the republicans will actually donate that much. my guess is they’ll just be more energized.
single handedly cost the Repulicans seats in the fall. What the heck is he spending money on? The RNC had zero debt and there weren’t any elections in February, it should be a month where you stock pile cash. Steele is like the gift that keeps giving for the Democrats.
in February–that not only raised a lot of money for them but gave them tons of demographic info that should help their direct mail later in the year.
I am surprised the RNC spent so much in February, though.
As for why the Democrats aren’t raising more money, it sucks when you can’t govern. For the forseeable future I will give nothing to the DNC, DCCC or DSCC, and I am pretty sure I will never again give at the levels I did in 2004-2006. I’m not a major donor, but I was making contributions that were personally significant for me at that time, because I thought Democrats would deliver if they took control of Congress. Now I am giving only to some individual candidates for Congress and the Iowa legislature.
I guarantee that the party committees would be raising more cash if we hadn’t sold out to insurance and drug company interests on the health care bill.
is finally getting his act together at the NRCC. DSCC being outraised by the NRSC is no surprise. Even though Bob Menendez signed up as DSCC chairman because he had connections with Wall Street, he hasn’t chased the donors down like Schumer did.
That Dems are about to get a serious cash infusion across the board.