Party Committees Report Nov. Fundraising
All six national party committees were expected to file reports with the Federal Election Commission today documenting their financial activities for the month of November.
Early returns were promising for Democrats.
The Democratic National Committee had its best fundraising month since June, raking in $5.4 million in November and spending $4.1 million. That left the DNC with $7.3 million in the bank.
Although the Republican National Committee raised slightly more ($5.9 million) than the DNC last month, the RNC spent a whopping $8.5 million. Still, the Republicans enjoy a huge cash-on-hand advantage over the DNC -- $32 million in the bank.
For the sixth straight month, the Democratic Senatorial Campaign Committee outraised the National Republican Senatorial Committee. The DSCC brought in $3.6 million, compared to $2.3 million for the NRSC. The DSCC grew its cash-on-hand to more than $22 million, while the NRSC had just $9 million in the bank at the end of November. NRSC's Brian Nick said that major investments had been made in low-dollar donor prospecting, which he said will pay off in 2006.
Remember, too, that the RNC can donate unlimited sums to the NRSC, an option that could level the playing field for Senate Republicans in key contests next year. The always helpful Phil Singer, communications director at the DSCC, provides The Fix with some historical data on RNC transfers to the NRSC: In 2000, the RNC raised $225 million and transferred $24 million to the NRSC; in 2002 the RNC brought in $213 million, transferring $35 million to the Senate committee.
UPDATE, 5:15 p.m. ET: Numbers from the Democratic Congressional Campaign Committee and the National Republican Campaign Committee are now available.
The NRCC raised $3.75 million last month compared to $2.45 million for the DCCC. The NRCC also enjoys a $8 million cash-on-hand edge ($19.5 million to $11.2 million) over the House Democrats' campaign committee. So far in 2005, the NRCC has raised $61 million compared to $37 million for the DCCC. The DCCC also had $1.9 million of debt left over from the 2004 cycle.
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