Updated January 03, 2010
The National Republican Congressional Committee, the financial arm for GOP House campaigns, has raised less than a third as much money as its Democratic counterpart. 2009 ended with barely enough money to fully finance a single House race, Politico reported Sunday.
Despite evidence of solid opportunities in at least 40 districts this year, Republican incumbents have donated well below expectations, GOP strategists told Politico.
In the past three months, only 75 of 177 Republicans transferred money into the committee, banking $2.1 million, according to Politico. The average donation was just $28,000, with only 11 members donating $50,000 or more during that period.
The Democratic Congressional Campaign Committee, by contrast, raised nearly $4 million from 90 0f its members -- with 35 House Democrats forking over at least $50,000.
Overall, the DCCC outraised the NRCC last year by more than $18 million, according to November FEC figures. The NRCC has only $4.3 million left in its campaign account, with more than $2 million in debt.
That means it will have very little to fund the dozens of races it hope to successfully contest.
By contrast, the DCCC has a $15.3 million war chest and $2.6 million in debt.
Intrade: the Predicton Market had consistently given the Democrats netrly 2:3 odds or better of holding onto the House for the last year.
source: http://www.foxnews.com/politics/2010/01/03/gop-financial-struggles-jeopardize-house-election-bids/
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The National Republican Congressional Committee, the financial arm for GOP House campaigns, has raised less than a third as much money as its Democratic counterpart. 2009 ended with barely enough money to fully finance a single House race, Politico reported Sunday.
Despite evidence of solid opportunities in at least 40 districts this year, Republican incumbents have donated well below expectations, GOP strategists told Politico.
In the past three months, only 75 of 177 Republicans transferred money into the committee, banking $2.1 million, according to Politico. The average donation was just $28,000, with only 11 members donating $50,000 or more during that period.
The Democratic Congressional Campaign Committee, by contrast, raised nearly $4 million from 90 0f its members -- with 35 House Democrats forking over at least $50,000.
Overall, the DCCC outraised the NRCC last year by more than $18 million, according to November FEC figures. The NRCC has only $4.3 million left in its campaign account, with more than $2 million in debt.
That means it will have very little to fund the dozens of races it hope to successfully contest.
By contrast, the DCCC has a $15.3 million war chest and $2.6 million in debt.
Intrade: the Predicton Market had consistently given the Democrats netrly 2:3 odds or better of holding onto the House for the last year.
source: http://www.foxnews.com/politics/2010/01/03/gop-financial-struggles-jeopardize-house-election-bids/
Subscribe to the Rightardia feed: feeds.feedburner.com/blogspot/IGiu
Netcraft rank: 4217 http://toolbar.netcraft.com/site_report?url=http://rightardia.blogspot.com
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