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Dems Crushing GOP in Congressional Fundraising

In a secure, undisclosed beach location for this entire week, Capitol Briefing was determined not to even glance at a computer screen. But after 96 or so straight hours of overcast, rainy skies on the Eastern seaboard, strange things happen and pretty soon you find yourself looking at the Federal Election Commission's Web site.

And one thing jumps out from the latest FEC filings: House Republicans are flat broke, and there's no sign of better cash days in the near term.

Less than 15 months from Election Day, the House Republican campaign arm -- the National Republican Congressional Committee -- continues to effectively run a negative balance. The committee has just $1.97 million in its accounts, as of July 31, according to FEC reports it filed this week. But the NRCC is also sitting on a debt of $4.1 million.

The committee, which has been a key financial arm for attack ads and get-out-the-vote ground troops in previous elections, continues to raise money at a respectable clip, collecting $32 million for the year so far. But it also continues to spend money at a rapid pace, with $31.5 million in disbursements in the first seven months of 2007. A chunk of that went to paying down the debt -- which stood at more than $14.3 million at the end of last year. But even setting aside those debt payments, the NRCC still doled out more than $20 million.

On the other side of the aisle, the Democratic Congressional Campaign Committee is awash in cash. It has $21.3 million in its accounts, for a better than 10 to 1 cash edge over the NRCC, and it has out-raised its GOP counterpart through July. The DCCC raised more than $40.5 million so far this year. The Democratic committee has $3.5 million in leftover debt from 2006, which was down from $9.3 million at the end of last year.

What's worse for Republicans, the FEC just issued a report on fund-raising by individual candidates for the House and Senate, and the vast majority of the money is flowing to Democrats: House Democratic candidates raised $94.2 million through June 30, while House GOP candidates took in just $63.6 million.

The trend lines for House Republicans are particularly troublesome because the NRCC raised less than $2.6 million in July, its worst month of the year. The DCCC, by contrast, raised $4.1 million in July, which was the exact median month for receipts for the committee so far this year.

On the Senate side, things are also bleak for Republicans but their long-term financial standing looks a little brighter. The NRSC has just $6.5 million cash on hand, but it has no debt. That means that every dollar collected from here on out can go toward 2008 races. Still, the GOP's Senate campaign arm has been out-raised nearly 2 to 1 by the Democratic Senatorial Campaign Committee: The NRSC brought in $18.1 million through July, compared to $34.5 million for the DSCC.

The DSCC is sitting on $20.6 million in its accounts. It has $4 million in debts from last year's campaign.

Here, the new FEC report should be particularly troubling for Republicans. The most active fund-raisers this early in the cycle are usually incumbents. There are 21 incumbent Republicans up for election in 2008, compared to 12 for the Democrats, with one already announced open seat in Colorado. Yet individual Democratic Senate candidates, in the first six months of 2007, raised $47.6 million, compared to just $33 million for GOP Senate candidates.

Combined, the financial numbers for individual campaigns and the party committees are a double-dose of bad financial news for Republicans. As The Fix has previously noted, these cash advantages for the Democratic congressional committees are critical because the national party committees -- the Democratic National Committee and the Republican National Committee -- will be devoting virtually all their resources to the race for the White House. Therefore, the continued tepid performance by the DNC despite such overwhelming financial momentum among Democrats won't make a dime's worth of difference in determining who controls Congress in 2009. (In midterms, the DNC and RNC have played varying roles in congressional contests, with the RNC usually chipping in far more than the DNC.)

The DNC is sitting on $3.9 million, while the RNC held a better than 4 to 1 financial edge at the end of July, with $16.1 million on hand.

By Paul Kane  |  August 22, 2007; 3:10 PM ET
Categories:  Fundraising Circuit  
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Comments

This is an interesting article about who collects the better sum of contributions. Democrats seem to do better, obviously, perhaps because the nation supports the issues the Dems have put on the table. Or, it could be that what would normally go to the Republican campaign is going now to the Democratic campaign because the Republicans seem to be mimicking President George W. Bush, the Commander-in-Chief of our Armed Forces. It appears to me that, after seven years of Republicans "getting their way", some wealthy contributers are beginning to study what's going on in truth, and placing their contributions in the Democratic Party. Consider this: most of the people in America, with exception of die-hard neoconservatives, are exhausted from the War in Iraq. I read, recently, that we spend 3 billion dollars a week in Iraq. Does anyone know where all that money truly goes? No, if this 3 billion dollars is tax dollars, then it is obvious that our tax dollars are spending more money on the "war" than they are in other local issues, such as health care, or monies for education, or some such item which is certainly sponsored by Congress, yet not funded by Congress. It seems an ironic twist, that the majority of Congress members, both Senate and House, are authorizing the spending of this 3 billion dollars a week which seems to dwarf any war we've had in a similar time frame. Can any of us understand why, therefore, Democrats are getting more money in contributions. Sure, they've said they're against the war, and want a complete troop pullout, but now they've changed their minds on that. Yet, they still are getting great political campaign contributions than Republicans. I don't, personally, know how to explain this irony. I think it's time that contributors who are paying these contributions need to look at what Democrats and Republicans truly mean in their promises to Americans nationwide. By that, explain why the "war" must go on, our troops must die for the cause (for what I'm not sure anymore), and our resources drained. Perhaps those wealthy benefactors believe that a Democratic President will change things for them. As for me, I can't be clear on how they plan to do this. Money alone will not change my vote. If it's political campaign posters and television and radio rhetoric on the side of right, perhaps the Democrats will win based on name recognition or what they see in their city or on television. It's know to happen that elections have swung in favor of the "face" value from one party to another. Just look at John F Kennedy. His face won the Democratic majority and proved him to become President. But, Hilliary Clinton or any other Democratic candidate...here again, I'm not sure. I don't know the motivation of their contributors. Perhaps, it's about "after the election" favors that it's about, and then again, no body gives large sums of money to a Presidential campaign without expecting something in return. What do the Democrats want to give in return. I don't really know, except money seems to be paving the road to election if this holds true. Dear reader, help me out. Why are Democrats getting more money for their campaigns?

Posted by: Jerry Dennis | August 22, 2007 3:59 PM | Report abuse

After cutting taxes for the uber-rich, the Republicans don't seem to be able to pry enough money from them to justify the cuts.

It has apparently escaped the attention of GOP strategists that the wealthiest Americans expect some level of competence from their elected officials.

As long as the Democrats can maintain the illusion of competence, they'll continue to rake in the contributions. Thankfully, this administration is cooperating fully in that respect.

Posted by: Patrick Huss | August 22, 2007 4:11 PM | Report abuse

Things are so bad even HRC looks like she could get elected

Posted by: Anonymous | August 22, 2007 4:21 PM | Report abuse

Traditionally, Democrats have been able to maintain rough electoral parity with Republicans when their financial resources are within 1/2 to 3/4 that of their opponents. It is mind-boggling to think what Democrats might do if they have a cash advantage of 3/2 or something similar. It is also mind-boggling to think how HRC could negate that Democratic advantage.

Posted by: Henly, Texas | August 22, 2007 4:35 PM | Report abuse

Is this how to run a democracy? The most money wins. If you have no money, your ideas don't see the light of day. No debate, no objective examination of different options.

The media bashes any candidate who doesn't raise enough money. Why do they need money? To run ads on the media. Who gains from all the money spent on ads? The media. Who cheers on the candidates who raise the most money? The media.

If you can't afford to pay big bucks to advertise in the media, you get ignored by the media.

We talk about campaign finance reform but never mention the root cause for the need to raise ever increasing megabucks.

Posted by: thuff7 | August 22, 2007 6:38 PM | Report abuse

Money and image, doesn't anyone get elected for their record or ideas anymore. It's extremely sad that we all mimic,yet we all know, the last 6yrs have made alot of donators, contractors(aka War Profiteers), the uber rich, made out like bandits, yet we allowed it to happen. Now they'll sit back and let someone(Democrat) try and clean up after them, while they laugh all the way to the bank, with OUR MONEY! Maybe this is some sort of disillusionment finally being put under control. If I have anyone come up to me in 2 yrs and say see, the Dems can stop this mess, I swear I will punch them. Here's to true hope at last.

Posted by: jime | August 22, 2007 7:04 PM | Report abuse

The Democratic Congressional Campaign committee may be raising more money, but Montgomery County has lost a Congressman, Chris Van Hollen of the Congressional Campaign Committee. Our horrendous transportation problems are not getting funding or solutions because Van Hollen is spending the time his constituents are paying for chasing close campaign contests around the country. Anybody who doesn't think the lobbyists that Van Hollen spends his time with have too much influence in Washington, has been in Washington too long!

Posted by: Robin Ficker of Robin Realty | August 22, 2007 7:52 PM | Report abuse

Hey, they got Al Capone on income tax evasion...... so maybe it's Good Ol' Fashioned Money that holds the key to sending the Filth Administration on a one-way trip to hell, where it belongs.

Keep up the Good Fight.

Posted by: Dave | August 22, 2007 8:17 PM | Report abuse

Don't worry the Republicans will catch up.

Posted by: George Bentley | August 22, 2007 8:22 PM | Report abuse

George -- I doubt it. If they were going to catch up, their numbers would be better at this stage of the game. But, hey, whishful thinking often makers the wishful thinker feel better.

Posted by: Steve Bond | August 22, 2007 8:49 PM | Report abuse

Let them eat yellowcake.

Posted by: jhbyer | August 22, 2007 9:31 PM | Report abuse

The country and the House Republicans are both broke.

The former was taken into penury by the latter.

So much for fiscal conservatism.

Posted by: mithras | August 22, 2007 10:42 PM | Report abuse

LOL! The Dims are going to awash in Money AFTER the Election Too!

See, it makes no sense whatsoever to just Waste it!

The Dims have already shown the Suckers they previously found that they were just that-SUCKERS!

Then, a Little Viscious RAT comes along and announces the Dimobratic Socialist Party's newest Platform!

Dims for La Invasora! Aztlan Amigos! Reconquista! Bring Em On!!! Yeah Socialism!
Yeah ignorant and un-educated SUCKERS!

Dim Elitist Lawyers NEED YOU!

America? Dims HATE AMERICA! Come take over!

LMFAO!!! Dims Need Mas Dinero!

MAS!

Posted by: RAT-The | August 22, 2007 10:59 PM | Report abuse

Maybe the country is waking up to the fact that I can't think of a SINGLE issue on which I side with the Republican party over the Demos.

The War in Iraq? Gee, didn't the peaceniks wail about how Iraq was going to be the next Vietnam???

Social Security? The Republican plan is Social INSecurity...reduction of benefits plus YOU get to pay all those fancy financial advisors what you used to get for free...AND if you're not good at it may wind up needing to work until you're 80. What a WONDERFUL plan!

Health care...Insurance isn't the solution, it's the PROBLEM!

Social issues?? Don't insult me with such nonsense!

The war on terror??? You mean the war the Republicans have been unable to manage for the past 6 years???

What a laugh! The Republicans will be LUCKY they don't have obstructionist majorities of Democrats in both houses to cure what ails this country!

Posted by: Ethan Q | August 23, 2007 4:11 AM | Report abuse

Posted by: paris | August 23, 2007 8:35 AM | Report abuse

WOnderful news, but lets not squander this huge opportunity by nominating Hillary. Wake up, fellow Dems! Barack '08!

Posted by: John Y | August 23, 2007 12:02 PM | Report abuse

not so fast....we got Fleischer running the Freedom Watch Lobby basket where his partners the Hedge-Funds will download the "big grease", we got R.Emanuel and S.Schumer,who are against raising taxes to Hedge-Funds partners from 15 % to the regular 30 %(the Hedge Funds themselves as private partnerships don't pay a dime!), and these 3, Fleischer-Emanuel-Schumer work like clockwork together,discreetedly and on the side,of course, but with
military precision,so it's not so clear, we still have a 30 % of voters that likes Giuliani and Romney and Fred"Asbestos"Thompson because :".....he looks so presidential..." and they push the 51 %,so its not so clear ...besides, the neocon Lobby will "facilitate" a hit if necessary to scare the voters into voting the Paranoia Repob Warmongers Club,they will do it ,no mercy ,just look at Emanuel and Schumer who were pushing for the Iraq Invasion all day in 2002 and 2003 and now,in the same TV Networks , they pose as anti-surge and anti-war, just like that !and the voters go for it ! we will have these 2 neocons in any Democratic Ticket, and we will never leave the Middle East until they get their pipeline from Iraq to Haiffa and send USA soldiers to die in Iran ,and with ultra-neocon smooth Bloomberg as VP , that's how naive the field is !!!

an Edwards-Obama-Huckabee-Paul-Gravel-Richardson-Kucinich-Clinton team without any neocons is what America needs to end our constant INTERNAL PROBLEMS: get the lying neocons out and get the USA out of importing 200 billion dollars of foreign oil and gas a year , get the Law of the Sea Convention re-sealed and together with Russia,Canada,Norway,Denmark and Island get the 100-150 billion barrels of oil out without a spill, go to Hydrogen fuelcells and solar-wind-ethanol and water desalination totally and lets go!

Posted by: blogger | August 23, 2007 1:08 PM | Report abuse

The RNCC may be broke, but Ari Fleisher and his Freedom Floggers (or whatever nom the Iraq War Group is using these days) has managed to raise 15 million for a pro-Iraq War advertising campaign. Of course, the FF are organized as a tax free non-profit and never need reveal who the donors of that $15 million are...I think its safe to assume that those who have a real financial interest in continuing the Iraq War (like Halliburton, the Saudis, and perhaps whoever makes artificial limbs for the military)probably had no trouble raising it.

Posted by: smeesq | August 23, 2007 2:10 PM | Report abuse

Anyone who believes that the Saudis want to perpetuate the Iraq occupation is totally ignorant of mideast politics.

Posted by: Patrick Huss | August 23, 2007 3:18 PM | Report abuse

The Dems raising so much money is only proof that if poverty addressed on a political level would reap huge benefits.

Posted by: Erica | August 23, 2007 6:32 PM | Report abuse

If any Democrat out there wants a Democratic President to work with the new majorities in the US House and Senate they will be donating money to the John Edwards for President campaign. Why? Because he is the only candidate that can beat the GOP's nominee in November of 2008. Otherwise, we will have 4 more years of gridlock in DC with nothing but a lingering war and more debt piling up. Niether Clinton, not Obama can beat the Republicans and I doubt seriously that the 'crats can pick up enough seats to overcome a veto pin, so there you go. Come on folks, this is not rocket sience, it is politcs, think about your future and put your money and votes where they count the most. Us working families are in desperate need of a new party in the White House and Edwards is the only Democrat that consistantly beats them all head to head in every poll I have seen. BTW, I work for no candidate, I work in a plant, and we need a change from the same old same old. Please join me and my family in supporting John Edwards and the whole Democratic ticket down the line.

Posted by: mike from sc | August 23, 2007 10:29 PM | Report abuse

As the presidential debates heat up and tensions increase, the candidates need to be reminded of the critical issues that still trouble our society today. Issue such as global poverty needs to be address by our candidates to each and to the general public. As one of the nation that has pledge to fulfill the goals of Millennium Development Project, whose goal is the elimination of world hunger and poverty, the Bush Administration has not shown any substantial action to bring this fundamental problem to a stop. According to the Borgen Project, dedicated to fighting and ending Poverty around the world, only $19 billion dollars are needed annually to stop world wide poverty, hunger and malnutrition. However, more than $340 billion dollars has been poured into this "war on terror." And each year, our country has a military budge of $522 billion dollars. It's time for a new leader who will be addressing an issue that affects 1.2 billion people everyday worldwide.

Posted by: Mstessyrue | August 23, 2007 11:38 PM | Report abuse

The republicans have a negative cash balance. No surprise here. That's how they operate. The nation has a negative balance because of the steal and spend republicans.

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The repubs can always make up for their cash shortage by careful application of their political strategy, namely: lies, attack ads based on lies, stealing votes and getting the supreme court to appoint their candidate...why would they need to raise any money?

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