GOP cash woes threaten House bids

[steven johnson]

It looks like incumbent Republican Congressmen don't wnat to transfer funds to the RNC to help their congressional candidates in more poorly funded races. Could it be they don't have the confidence it will have much chance of success relative to their own vulnerability necessitating keeping a larger warchest?

An intellectually bankrupt party with financial problems to match.

With the Republican Party on the cusp of major gains in the House next year — and with the dream of retaking the House appearing to be a real, if improbable, possibility — one major obstacle remains: tightfisted Republican incumbents.

The National Republican Congressional Committee, the key cog in helping to finance GOP campaigns, has banked less than a third as much money as its Democratic counterpart and is ending the year with barely enough money to fully finance a single House race — no less the dozens that will be in play come 2010.

The fundraising disparity between the two committees is striking: The DCCC outraised the NRCC this year by more than $18 million, according to FEC figures at the end of November. The NRCC has only $4.3 million left in its campaign account — with more than $2 million in debt — leaving it with just a pittance to fund the dozens of races it hopes to aggressively contest.

The DCCC, meanwhile, is sitting on a $15.3 million nest egg (with $2.6 million owed), steadily expanding its cash-on-hand advantage over Republicans throughout the year.

Read more: http://www.politico.com/news/stories/1209/31077.html#ixzz0bb98V6FB



Read more: http://www.politico.com/news/stories/1209/31077.html#ixzz0bb8ZXGX3



GOP cash woes threaten House bids

[CaliforniaPeggy]

1. This could NOT happen to a more deserving lot.

I'm loving it!

:party:

[Skink]

2. the noise machine is trying to tell us they are going to retake seats.

[LiberalFighter]

3. How many of the Republican incumbents have contested primaries

that they normally wouldn't have?