SMRs and AMRs

Tuesday, December 25, 2007

Congressional Dems top GOP in fundraising

By: Josh Kraushaar
The Politico

The Democratic campaign committees ended November with nearly five times as much cash on hand as their Republican counterparts. This means Democrats will enter 2008 well-positioned to pick up additional seats due to their continued financial advantage and a slew of GOP retirements, largely in highly competitive districts.

The Democratic Congressional Campaign Committee raised $4.1 million in November, compared with the $2.7 million brought in by the National Republican Congressional Committee.

The DCCC now has $30.7 million cash on hand, exponentially more than the $2.3 million banked by the NRCC.

On the Senate side, the Democratic Senatorial Campaign Committee ended November with $25.5 million banked, more than double the cash on hand of the National Republican Senatorial Committee, with about $10.4 million.

Still, House Republican fortunes rose somewhat last month when GOP members’ campaign committees kicked in about $3 million to the NRCC — transactions that were not reported in the most recent filings. That money will go into the committee’s coffers — and not to immediately pay off the $3.35 million in debt.

(Continued here.)

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