Bloomberg News

Democratic Committees Raise More, Save Less Than Republicans

October 20, 2011

Oct. 20 (Bloomberg) -- Democratic Party committees topped their rivals in fundraising last month while their overall cash edge lessened as the Democratic National Committee spent to support President Barack Obama’s jobs plan.

The DNC finished September with $14.7 million in cash. The Republican National Committee had $11.4 million on hand. At the end of June, the DNC had more than $21 million in the bank, compared with $7.3 million for the RNC, according to U.S. Federal Election Commission filings.

The DNC is still out-raising its rival, bringing in $14.7 million last month to the RNC’s $9.3 million. The Democratic committee will be devoted to helping Obama win re-election next year, and most of its haul came from its share of a joint fundraising committee with the president.

“We’re proud of our fundraising efforts and have no concerns about our balance,” said Brad Woodhouse, a DNC spokesman. “Our money has been well spent, much of it in the last month on efforts in support of the president’s jobs bill, which grows more popular by the day.”

The Democratic Senatorial Campaign Committee finished September with $10.9 million on hand, compared with $6.8 million for the National Republican Senatorial Committee, according to figures released by the committees. The situation in the House was reversed, with the National Republican Congressional Committee sitting on $12.2 million in cash, compared with $9.5 million for the Democratic Congressional Campaign Committee.

Senate, House

In September, the Senate Democratic committee raised $4.5 million, compared with $3.4 million for its Republican counterpart. The House Democratic committee raised $6.6 million, compared with $3.8 million for House Republicans.

The NRCC had $1.5 million in debt and the DCCC had $2 million. The DNC had $9.6 million in debt at the end of September, compared with $14.5 million for the RNC. The NRSC said it had no debt. DSCC spokesman Matt Canter didn’t release his campaign’s debt figure.

The Senate reports aren’t filed electronically and therefore aren’t immediately available for review.

--Editors: Jim Rubin, Michael Hytha

To contact the reporter on this story: Kristin Jensen in Washington at kjensen@bloomberg.net

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus