October 19, 2006
DCCC Outraised Everyone; NRCC Had $40M In Bank
The Democratic Congressional Campaign Committee reported raising $14.4 million in September and entered October with a whopping -- and we do mean whopping -- $36 million cash on hand. The National Republican Congressional Committee banked even more -- a bit less than $40M. It raised $12M in September.
The Democratic Senatorial Campaign Committee outraised the Republican Nat'l Committee proper in September, pulling in a record $13.6 million in contributions. The RNC had a banner month, too -- it raised $13M. The National Republican Senatorial Committee reported raising $5.1 million and had $12M on hand as of 10/1.
The RNC reported more than $26M on hand; the DSCC had $23 million to spend as of Oct. 1. The DSCC's figure does not include at least $5M in transfers from the Democratic National Committee.
The DSCC's haul reflects the confidence of donors and activists, the hedging of lobbyists, contributions from Democratic Senators, and much arm-twisting by Sen. Chuck Schumer. The Dems need the cash; where television advertising on the Republican side is split between the RNC and the National Republican Senatorial Committee, the DSCC alone is running television ads on behalf of Democratic Senate candidates. Securing time for those ads is also more expensive for the Senate committee; they reserved a large chunk of their ad traffic early, when prices were relatively lower. Since it generally costs less to advertise in House districts, the two House committees were able to hoard more of their cash.
Posted at 02:14 PM
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