Just noticed this story in Politico (apologies if this was already diaried somewhere here):
The DCCC raised $3.65 million for the month, and ended November with $15.35 million cash-on-hand. It still holds $2.66 million in debt from last election cycle.
The NRCC only raised $2.34 million in November, and spent $2.16 million, hardly adding to their overall cash total. The committee now has $4.35 million in its account, while still owing $2 million in debt.
I am feeling rather pessimistic about next year’s House races, but if the NRCC can’t build up a decent war chest now, with unemployment high and support for health care reform sinking, I don’t see them putting together a huge wave. They’re talking about targeting dozens of seats, but they’re a long way from having the money to do that.
On the other hand, they do seem to have a more enthusiastic base.
at this time in 1993? Some perspective would be nice
Van Hollen said, if the NRCC were to spend money in 40 house races, that’s $100,000 a race. That’s chump change. Their abysmal fundraising is going to catch up with them. They’ll either be dropping chump change or be a real factor in very few races.