Straw in the wind: Dem fundraising lags

Individual Democrats running in the House and Senate appear to be doing quite well. But fundraising for the national party has "hit the skids" says Politico:

The Democratic National Committee is in the middle of its worst fundraising year in a decade.

The committee's 2013 cash pace is lagging behind even for a typical off-year, according to a POLITICO analysis of the DNC's fundraising. And it has barely made a dent in paying down election year debt nearly 10 months after President Barack Obama was reelected.

At the end of July in 2009, the DNC had raised nearly $51 million, adjusted for inflation. At this point in 2007, the DNC had raised about $36.3 million. This year, it raised $35.4 million though the end of July.

The DNC remains $18.5 million dollars in debt as of the end of July, according to campaign finance reports filed this week. That's up from $18.3 million in debt reported in in June. The committee also spent more than it raised in July - taking in $3.9 million but spending about $5.4 million.

DNC spokesman Michael Czin said the party's debt came from the fact that it made significant investments in field and state parties during the 2012 campaign. "We spent it wisely and we're proud of that," he said.

"We have a plan to get out of debt," Czin added. "We're going to keep encouraging people to give."

Meanwhile, the DNC has posted a seventh month of lackluster fundraising totals - even when taking account that 2013 is an off year and next year won't feature a presidential election.

The Republican National Committee outraised the DNC by about $2 million in July, according to FEC reports. In fact, the RNC has posted better fundraising figures than the DNC in every single month in 2013 - and the DNC was also outraised by the RNC throughout most of the 2012 campaign.

On the other hand, the Obama reelection effort, on the other hand, had the money advantage against Mitt Romney during the 2012 campaign - raising $1.06 billion to Romney and the GOP's $954 million.

The GOP numbers aren't anything to crow about either. But at least it shows Republicans can be competitive in raising money for the party - a damn site better than it was just a few short years ago.

Now if they can only get the Senate and House campaign committees to match the Democrats, 2014 could be another banner year for the GOP.
If you experience technical problems, please write to helpdesk@americanthinker.com