RNC raises more $$ than DNC (1st quarter)

[rodeodance]

Republican Committee Has Money Edge Over Dems in First Quarter
By Greg Giroux | 4:12 PM; Apr. 25, 2007 | Email This Article

Democratic victories in the 2006 elections enabled the party’s House and Senate campaign committees to establish an early advantage in fundraising this year over their Republican counterpart organizations.

But the Republican National Committee (RNC) has the money edge over its partisan opposite, the Democratic National Committee (DNC) — at least in the first three months of this “off election” year.

According to a filing late last week with the Federal Election Commission (FEC), the RNC reported raising $7.9 million in March and $25.6 million in this year’s first quarter, compared with the DNC’s $5.4 million in March receipts and $15.7 million in first-quarter receipts. (An updated chart of month-by-month fundraising by the national party committees can be found here.)

The RNC began April with $12.8 million cash-on-hand and debt-free. The DNC reported $6.8 million left to spend and has $3 million in outstanding debt after it made a $1 million debt repayment in March.............

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[Ganja Ninja]

1. It's easy to raise that kind of money when you steal it from the ...

US taxpayers first.

[madfloridian]

2. The Bush campaign gave the RNC 12 million, didn't they?

I need to look it up to be sure, but I think that's true. Ok, found it was 2004.

http://blogs.abcnews.com/politicalradar/2006/12/president_bush_.html

[madfloridian]

3. More about it, with a link....

"The DNC will report raising $14.957 million during the first three months of 2007.

And, while the RNC today will report a substantially larger figure for the first quarter – $24.6 million raised by the Republicans during the first three months of 2007 -- the Democrats are comparing their performance with their own results at a similar stage four years ago...

The DNC alone had raised $8.3 million during the first quarter of 2003 -- which means it has nearly doubled its first quarter pre-election year fundraising during the first three months of this year.

Having raised more money than it did at the same stage of the 2004 presidential election campaign, the Democratic Party also has more money left in the bank. It will report $6,842,000 as "cash on hand'' at the end of the first quarter, compared with $3.9 million cash on hand at the end of the first quarter of 2003."

So actually it was 15 plus million, that is very good.

http://www.dailykos.com/story/2007/4/20/133725/319

[MidwestTransplant]

4. I believe the DCCC and DSCC outraised the Republican counterparts.

[tech3149]

5. Meaningless bull

I get at least three mailings and four calls a week from the DNC or DCCC and my response is the same. My money will go to individual candidates that meet MY qualifications. I don't need someone else to decide how my money is spent.

[madfloridian]

6. Don't worry your head about it. Dean won't have time to "move the piggybank"

..outside of DC before next year.

Next year they will put a guy in as chair to draw the really big money....which Dean is not trying to do, thank God. He is trying to shift the power base outside of DC.

Moving the piggy bank....a DNC power shift to outside DC.

Then we will see a shift back to the big money, and someone here will bemoan that as well.

Right now I appreciate what Howard Dean is trying to do, but progressive groups won't go along. I noticed we are kind of like what demoleft from Italy wrote about on my thread about the new Italian party being formed from the left and centrists.

http://journals.democraticunderground.com/madfloridian/1292

"Just to update you on the situation two DS leaders have abandoned our party to create a leftist movement as they are not convinced by the necessity of the Democratic Party in Italy. Before the Congress there were 9 parties on the left: well. now it makes ten!!

Is it not Italy an interesting political laboratory?!?!

Ciao"

So if it is the big money power you want, that is what you will get next year. Just imagine how much people power there would be if Dean's dream could come true....One million giving 20 a month. That in itself would be campaign reform.

Kudos to the DSCC and DCCC for outraising their Republican counterparts.