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Monday, January 23, 2006

Republicans Still Beating Democrats In Fundraising

Washington Post - Despite a lackluster showing in 2005 elections for the GOP, the Republican National Committee raked in better than $100 million last year and enjoys its largest cash-on-hand lead over its Democratic counterpart in more than a decade.For the year just passed, the RNC brought in nearly $102 million -- give or take a few hundred thousand -- and had $34 million in the bank. The Democratic National Committee raised $51 million in 2005 but showed $5.5 million on hand at the end of the year.

That cash disparity, which has led to grumbling and fretting by some people in the Democratic establishment, will be a major asset come November, RNC Chairman Ken Mehlman argued.

"There's no question it's an advantage," he said. "We are in a position to be able to maintain majorities in the House and Senate by providing campaigns with the resources they need to be successful." Under campaign finance laws, the RNC can make unlimited transfers of campaign cash to other Republican national committees.

The Democrats -- led by DNC Chairman Howard Dean -- spent considerable resources in 2005 on resuscitating state parties and now have operatives on the ground in all 50 states. The party also made a successful investment in helping fund efforts to elect Democrat Timothy M. Kaine governor of Virginia.

This may be the best part for Republicans:
Mehlman sought to cast the fundraising as the result of the RNC's "balanced approach" of courting large-dollar donors and working to encourage the small-dollar, grass-roots donor base, which grew by 250,000 new voters in 2005, he said.

250,000 new small-amount contributions is a major increase.

As I've said before, though, these Democrat deficiencies in fundraising prove that while Americans may be somewhat dissatisfied with the GOP/President Bush they aren't exactly throwing their support behind the Democrats either.
(via Taking Back ND)

Comments

Avatar for 2Hotel9

Simple logic. When you are stealing people’s money, you get the minimum. When people believe in your cause, you get the maximum. Why does this even have to be explained?

2Hotel9 on January 23, 2006 at 03:01 pm
Avatar for Say Anything - North Dakota’s Most Popular P

[...] This is the first I’ve heard about Dean spending too much of the party’s money, but the fact that Democrats have been lagging far behind Republicans in fundraising is hardly a secret. [...]

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