FRONT PAGE CONTRIBUTOR
Reviewing the July Fundraising numbers.
Short version: Democrats had a good month for the DNC – they beat out the RNC for a change – which was enough to let them end with a edge in amount raised and total cash-on-hand of a couple million. Fortunately, July fundraising for the congressional and senatorial committees was not a repeat of June’s: despite their having a significant edge in membership, the DSCC lagged the NRSC and the DCCC barely edged the NRCC. And the debt still remains significant on the Democrats’ side.
As noted above: good month for the DNC – good enough to give the Democrats an edge in money-on-hand for the first time in a while – but not the excellent month that the DCCC & DSCC enjoyed in June. I can only assume at this point that the Democratic committees have a reason for not reducing their debt, even if it’s only to keeping up appearances. The probably most impressive numbers here are from the NRCC: given the seventy-seat difference in the House, just staying even is an accomplishment.
Nonetheless, campaigns go nowhere without money:
PS: For a comparison, numbers from July 2007 (derived from FEC records and here):
That kind of cash-on-hand advantage was a powerful weapon for the Democrats in the 2008 elections – and it’s starting to look like they won’t have it this time around.
Crossposted to Moe Lane.