RealClearPolitics Politics Nation Blog

By Reid Wilson

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House, Senate Dems Lead GOP

New financial disclosures show Democratic campaign committees continue to lead the money race over their Republican counterparts. Thanks to a strong fundraising performance from the Republican National Committee, though, GOP committees actually combined to outraise their Democratic counterparts.

The DSCC raised about $3.1 million in October, just ahead of their Republican counterparts' $2.9 million for the month. That's a narrow margin, but the NRSC, which has raised $26.3 million to date, is still well behind Democrats' $45.1 million. Democrats started November with $23.4 million in the bank, well ahead of Republicans' $9.5 million on hand.

That cash advantage for Democrats is actually the better news for the GOP. On the House side, the DCCC raised $4.1 million in October for a total of $56.7 million so far this year. The NRCC pulled in $3.6 million, for a total of $40.7 million. But, again thanks to the huge debts the committee racked up in 2006, Republicans find themselves at a huge cash disadvantage, with $2.6 million cash on hand and $3.6 million in debt. Democrats have $29.2 million in the bank.

On the national level, though, the RNC continues to outraise the DNC. Despite losing chairman Mel Martinez, the committee raised $8.5 million in October to the DNC's $5.6 million. Much of that money came from a successful fundraising dinner held last month at the National Building Museum, where the party promised donors they would hear from several top Republican candidates. Instead, diners heard only from Mitt Romney and Ron Paul, as Rudy Giuliani and Fred Thompson excused themselves early and John McCain was stuck in the Senate for votes.

In spite of the disappointment, Mike Duncan's RNC has $17.6 million in the bank after raising $71.5 million this year, while Howard Dean's committee has raised $46.1 million and $3.3 million on hand. Democrats maintain a $1.7 million debt, while the RNC is debt-free.