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Republicans Start Cycle Short on Seats But Long on Cash
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Party
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| Contributor | None Entered |
| Last Edited | None Entered Feb 25, 2007 11:26am |
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| Category | News |
| News Date | Sunday, February 25, 2007 05:00:00 PM UTC0:0 |
| Description | By Greg Giroux | 3:02 PM; Feb. 21, 2007 | Email This Article
For many years, the national Republican Party has held a substantial overall fundraising advantages over the Democratic Party — a situation that existed even in 2006, as big gains enabled the Democrats to take control of both the Senate and the House.
And the first campaign finance reports for the 2007-2008 election cycle — in which the parties will be keeping in a wide-open race to succeed President Bush while again battling for congressional majorities — suggest that the question again is not whether the GOP will have a money edge, but by how much.
The reports, filed to the Federal Election Commission by Tuesday’s deadline and analyzed by CQPolitics.com senior reporter Greg Giroux, showed that the Republican National Committee (RNC) raised $10.5 million in January, compared to $5.7 million for the Democratic National Committee (DNC).
The RNC reported $8 million in remaining cash reserves and no debts; the DNC had $6.5 million in cash and $4 million in debts.
Both parties received the vast bulk of their contributions from individuals in increments of less than $200 — donations that do not need to be itemized on the campaign reports. Of the $10.4 million the RNC raised last month from individuals, $2.6 million was itemized and $7.8 million was unitemized. Of the $5.2 million the DNC raised last month from individuals, $1.5 million was itemized and $3.7 million was unitemized. |
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