Dem committees outraise GOP in October

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http://www.usatoday.com/news/washington/2009-11-26-fundraising-campaign-committees_N.htm

Fundraising for Democratic campaign committees is surging, helping the party to extend a winning streak in competitive special elections and giving House Democrats a more than 3-to-1 advantage over Republicans in cash stockpiled for the battles ahead, campaign-finance reports show.

The Democratic National Committee, along with the fundraising arm for House Democrats, outraised Republican committees last month. Overall, all Democratic committees ended October with nearly $38.8 million cash on hand, compared with $21.3 million for Republicans.

"Any party that holds the White House and both houses of Congress and doesn't raise a lot of money needs to find a new banker," said Stuart Rothenberg of the non-partisan Rothenberg Political Report. "Clearly, financial resources will be a significant Democrat asset in this cycle."

(snip)
Rep. Chris Van Hollen, D-Md., chairman of the Democratic Congressional Campaign Committee, said the recent fundraising success was fueled, in part, by Democratic activists who "were shaken out of their complacency" by the "ferocity of the attacks on health care reform" at the forums.

[Bitwit1234]

1. BUT BUT BUT CNN has had two articles about the republicans

and how they raised so much money in October. Not one mention of the Democrats outdoing them. But then what can we expect from this LIBURAL press.

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2. GOP won't make huge 2010 gains with this cash balance

Kos
http://www.dailykos.com/story/2009/11/27/808498/-GOP-wont-make-huge-2010-gains-with-this-cash-balance

Massive Democratic gains in 2006 and 2008 were fueled in part by Democratic advantages in committee fundraising. While Bush's RNC handily outraised its Democratic counterparts at the DNC, both the Democratic House and Senate committees crushed their Republican counterparts. Not much has changed.

Fundraising for Democratic campaign committees is surging, helping the party to extend a winning streak in competitive special elections and giving House Democrats a more than 3-to-1 advantage over Republicans in cash stockpiled for the battles ahead, campaign-finance reports show.

The Democratic National Committee, along with the fundraising arm for House Democrats, outraised Republican committees last month. Overall, all Democratic committees ended October with nearly $38.8 million cash on hand, compared with $21.3 million for Republicans.

Here's the breakdowns. The NRCC has $4 million on hand, barely enough for two competitive top-tier races. The NRSC has just shy of $6 million on hand, perhaps enough for a single big state Senate race, or two smaller states. Yes, those numbers will increase over the next year, but they've got a long way to go before they can widen the field in a way that would suggest huge pickups.

Of course, money isn't everything. In 2006, the NRCC spent about $37 million more than the DCCC ($178M versus $141M), and still lost 31 seats. But by 2008, the DCCC handily outraised their Republican counterparts by almost $60 million, seriously hampering the GOP's effort and costing them another net 21 seats. And as intent as Democrats in Congress are in screwing up their 2010 chances, the money race is making it increasingly difficult for Republicans to make up ground beyond the easy-picking Blue Dog Southern seats that are almost inevitably headed to the GOP next year.



Political Parties Overview
http://www.opensecrets.org/parties/index.php?cmte=&cycle=2010