Just Can't Get Enough
He can't help himself, it seems: After wins in Iowa and South Carolina, Barack Obama has raised $32 million in January, the Associated Press' Jim Kuhnhenn reports. $32 million is an incredible quarter. But you read that right: Obama didn't raise that money in a quarter, he raised it in a month.
If Obama becomes the Democratic nominee, his coffers will swell so fast it may not matter who Republicans put up. Recall that, in 2004, after Democrats nominated John Kerry, the GOP spent the next month virtually alone on the air criticizing Kerry. No matter who Republicans nominate, Obama will have enough money to begin hammering them immediately, while the GOP hunkers down to raise money.
One has to believe that Hillary Clinton will be well-funded too, though not to the extent Obama might be. Not in recent history has the entire Democratic Party been better-funded than Republicans, and the gap this year could be enough to truly change the political landscape.
As Senate and House committees announce their fundraising totals today after filing with the FEC, Democrats continue their dominance. The DSCC reports $29.4 million in the bank and a $1.5 million debt, while Senate Republicans have just under $12.1 million on hand, with no debt, Roll Call and the New York Times report. On the House side, the DCCC kept $35 million along with a $1.3 million debt, while Republicans, finally out of the red, have $5 million on hand and obligations of about $2 million.
Numbers for the DNC and RNC were not immediately available, though we'll have those to you by this afternoon.


