Republicans Can't Find the Cash to Campaign
From The Blotter: A crucial GOP fundraising committee is nearly broke, according to its latest monthly filing with the Federal...
From The Blotter:
A crucial GOP fundraising committee is nearly broke, according to its latest monthly filing with the Federal Election Committee last week.
The National Republican Congressional Committee (NRCC) reported $1.6 million in cash on hand and $4 million in debts as of Aug. 31. The group helps bankroll House campaigns for GOP candidates.
Its counterpart, the Democratic Congressional Campaign Committee, reported $22.1 million, more than 10 times its Republican counterpart.
For the record, I don't call that "nearly broke." I call that "completely broke" or "in debt."
Each party has two other organs, in addition to the House campaign committee.
Senate Republicans are in a state of relative poverty, also. The National Republican Senatorial Campaign has just over $7 million on hand, according to the new filings. The Democratic Senatorial Campaign Committee has more than $20 million.
While the Democrats' new congressional majority appears to have sapped much of the GOP lawmakers' fundraising power, its national group, the Democratic National Committee, still lags behind its Republican counterpart.
The RNC reported raising $57.3 million so far this year, with $16 million on hand, while the Democratic National Committee raised $36.8 million so far this year, with $4.7 million on hand.
It's worth pointing out that these trends are seen with the presidentials as well. The top Democratic candidates, Clinton and Obama, are murdering the top Republican ones in the fundraising department.