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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:05 AM
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WP: GOP Retains Cash Edge Over Resurgent Democrats
GOP Retains Cash Edge Over Resurgent Democrats
By Jeffrey H. Birnbaum
Washington Post Staff Writer
Saturday, October 28, 2006; Page A08

Democrats continued to raise large amounts of campaign cash this month, but not enough to erase the Republicans' multimillion-dollar lead.

According to the parties' latest financial disclosure statements, Democratic Party committees outraised the national GOP committees during the first 18 days of October. Riding a wave of optimism about the party's chances of gaining seats in the House and the Senate in the Nov. 7 midterm elections, the Democrats' national reelection committees collected $25.9 million in the period. The Republican committees raised $18.6 million in the same period.

In addition, three dozen or more Democrats seeking seats in the House that are occupied by Republicans raised at least $1 million in the current election cycle -- the minimum that, political experts say, would enable a challenger to mount a full-fledged election bid.

Nevertheless, the Democrats' last-minute fundraising surge was not enough to overcome the GOP's earlier fundraising advantage. The three national Republican Party committees had $17 million more cash on hand than their Democratic counterparts as of Oct. 18, according to this week's financial reports.

What's more, Republican committees spent nearly twice as much on their toughest House races than Democratic committees did. The nonpartisan Campaign Finance Institute calculated that Republican committees spent $1 million on average to help each of the 35 GOP incumbents who are considered to be most in danger of losing reelection bids. Democratic committees spent an average of about $574,000 on behalf of each of the party's challengers in those races....

http://www.washingtonpost.com/wp-dyn/content/article/20...
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fooj Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:08 AM
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1. For shit's sake...
What are they going to write about when they discover the multimillion-dollar lead didn't matter?
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madfloridian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:16 AM
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2. DNC outraised the RNC this month...not bad.
"The Democratic National Committee said it collected $10.2 million and spent $13.6 million during the first 18 days of this month. It had $4.8 million in cash as well as $4 million in debt. (I see Dean took out the promised loan for Schumer)

The Republican National Committee reported raising $8.4 million and spending $12.9 million during the period. Its cash on hand: $21.8 million."

And the RNC still had more cash on hand, but not nearly so much as they have had. They have had to spend a lot of it.

My greatest fear is the the Democrats will be the beneficiaries of the corporate money, and they will be in debt to them.

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Rowdyboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:24 AM
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3. We've raised enough money this time.....
More than enough
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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:36 AM
Response to Original message
4. "money doesn't talk, it swears"
"To push fake morals, insult and stare
While money doesn't talk, it swears"

It's Alright, Ma (I'm Only Bleeding)
Bob Dylan
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NOLADEM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 06:11 AM
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5. Geez, well we aren't taking bribes, so this is really apples and oranges
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merwin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 06:33 AM
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6. Too bad money can't buy their way out of the shithole they dug themselves into.
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 08:37 AM
Response to Original message
7. Of course. Why wouldn't the party of the super-rich not have more cash? nt
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 10:21 AM
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8. I guess it is better to be ...
a resurgent than an insurgent but........
Given the neocon propensity to play with labels, I see this moniker as potential trouble. Anyone else feel a chill, or do I need to get on meds?
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