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Democratic congressional fundraising down 20% with a drop in big donors

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steven johnson Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-24-09 10:04 PM
Original message
Democratic congressional fundraising down 20% with a drop in big donors
Edited on Thu Sep-24-09 10:32 PM by steven johnson
Democrats continue to collect more from big donors than Republicans and the three national committees are collected almost three times what the GOP committees got in the first half of the year.

This artlcle in the Washington Post notes that Republican committees combined to bring in $1.7 million more than their Democratic counterparts in August. The writer seems to be putting a Fox News spin on the data that has the suspicious ring of a planted story.

The fact that googling the phrases "anti-business rhetoric", "fox news" and democrats.yields
10,500 hits is just
coincidental

Paul Kane's reporting point of view has not gone unnoticed.

Paul Kane as stenographer




The pair of Democratic committees tasked with raising money for House and Senate candidates -- and doing so at a time when the party holds it strongest position on Capitol Hill in a generation -- have watched their receipts plummet by a combined 20 percent with little more than a year to go before the November 2010 midterm elections.

Republican committees combined to bring in $1.7 million more than their Democratic counterparts in August.

Democrats said a struggling economy is only partly to blame for the poor fundraising performance, and acknowledged a more perilous problem: satisfaction among activists that the party now holds the White House, 60 Senate seats and 60 percent of seats in the House.

A midyear analysis by the FEC showed that the DSCC declines at that stage had come entirely from individuals who gave $10,000 or more, a small slice of overall contributors but a group that traditionally provides about half of its overall fundraising total. Through June, those individual donors had contributed $9 million less, a drop of more than 50 percent from two years earlier. The committee is running 12 percent behind its 2005 pace among those large donors.

Democrats Are Jarred by Drop In Fundraising
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Frances Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-24-09 10:39 PM
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1. Daily Kos shows a different picture
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-24-09 10:51 PM
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2. That is so convoluted it makes Beck sound resonable...
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