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« Strategy Memo: Attack Dogs | Blog Home Page | Four Primaries Up Today »

Dems See Uptick In Fundraising

The national Democratic campaign committees have greatly increased their fundraising compared with the last election cycle, when Democrats took control of both the House and Senate. Republican fundraising, meanwhile, has dipped, though the GOP has still slightly outraised Democrats.

According to the Federal Election Commission, from January 1, 2007, through April 30, 2008, Democrats increased their fundraising by 24 percent in comparison to the amount raised at this time during the last election cycle. Republican fundraising has decreased by 11 percent.

The Republican National Committee, National Republican Senatorial Committee and the National Republican Congressional Committee have raised a total of $260.4 million this cycle. Their Democratic counterparts -- the Democratic National Committee, Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee -- have raised a combined $247 million. The $13 million difference pales in comparison to the more than $92 million advantage the GOP held two years ago. Too, Democrats have a wide cash-on-hand advantage this year, a gap they did not enjoy last cycle.

So far this cycle, the RNC has raised $143.3 million -- almost double the DNC's $77.6 million. DNC funding is expected to rise exponentially, however, now that Barack Obama has secured the Democratic nomination. Obama donors who reach their contribution limit to the candidate can also give up to $28,500 to the national committee, as can Republican donors to the RNC.

The DSCC and DCCC, however, have so far outpaced their Republican counterparts, and Democrats are poised to pick up additional GOP seats this cycle. The DCCC has seen the biggest jump in fundraising among the four House and Senate campaign committees since the last election cycle, rising by 53 percent to $92.9 million. The NRCC has raised $69.3 million, a 21 percent decrease from two years ago. The DSCC has raised $76.5 million, a 29 percent rise, while the NRSC has raised $47.9 million, an 11 percent drop.

About one-fourth of the money the DCCC has raised this cycle has come from the campaign committees of Democratic House candidates, who have given some $22 million. The biggest givers include those in majority leadership who have little to worry about come the November elections: Speaker Nancy Pelosi ($935,000), Majority Leader Steny Hoyer ($770,000), Majority Whip James Clyburn ($770,000) and Caucus Chairman Rahm Emanuel ($575,000). Other top Democratic donors include Ways and Means Chairman Charles Rangel ($785,000) and Financial Services Committee Chairman Barney Frank ($550,000).

Republican House members have been less generous with their campaign committee, contributing $11.6 million, about half the Democrats' total. Top GOP donors included Minority Leader John Boehner ($845,000), Rules Committee Ranking Member David Dreier ($670,000), Conference Chairman Adam Putnam ($466,000) and Rep. Dave Camp ($530,000). Other notable donors include Minority Whip Roy Blunt ($110,000), NRCC Chairman Tom Cole ($200,000) and Chief Deputy Minority Whip Eric Cantor ($93,157).

-- Kyle Trygstad