Looks like Howard Dean’s fundraising skills are going to be put to the test in very short order.
WASHINGTON — The Republican National Committee began the month with a 6-to-1 financial advantage over its Democratic counterpart, with $16.5 million in the bank compared to the Democratic National Committee’s $2.6 million.The RNC raised $10.5 million in January, according to its monthly report to the Federal Election Commission. The GOP spent $8.7 million, including a $1 million transfer to Senate Republicans’ fund-raising committee and nearly $1 million in telemarketing, according to an analysis by Political Money Line, a nonpartisan campaign finance tracking service.
The DNC raised $4.1 million last month, based on its FEC report. It spent $7.6 million, including a donation of $1.5 million to Virginia Lt. Gov. Timothy Kaine’s campaign for governor and a $1 million transfer to the Senate Democrats’ fund-raising committee.
Among other party committees filing January reports this week:
* The Democratic Congressional Campaign Committee, which raises money for House Democrats, began February with $11 million in debt from last year’s elections. It had $1.5 million in the bank as this month began. The DCCC raised $1.5 million and spent $1.7 million in January.
* The National Republican Congressional Committee, the House GOP’s fund-raising committee, reported $2 million on hand. It raised $4.6 million and spent $5.8 million last month. The spending included $3.5 million on phone banks. (emphasis mine)
Debt? They had debt? What happened to Kerry’s leftovers? Kerry had 14 million left, four of which went into his Senate campaign fund. So what happened to the other 10? Stashed away for 2008 no doubt.
**Update**
I am not up on campaign finance so I don’t know if Kerry could have even transferred money to the DNC. Anyone know for sure?
