Dem Committees Maintain Cash Advantage Over GOP Counterparts
by Jonathan Singer, Sat May 19, 2007 at 12:26:44 PM EDT
Back in the first quarter, the Democratic Party's campaign committees were able to outraise those of the GOP for the first time in recent memory. Now the folks at PoliticalMoneyLine have compiled the latest campaign finance filings for the parties submitted this past week and it appears that the Democrats are continuing their relative level of dominance. Take a look:
The three Democratic committees currently hold a combined cash-on-hand advantage over the three Republican committees in excess of $8 million. Even when debts and obligations are taken into account, the Democratic committees still have a combined cash-on-hand advantage of close to $2 million over their Republican rivals ($13,874,308 to $11,990,096).
It's been said before but it bears repeating again: Republicans have long been able to make up for their unpopularity on issues and relatively smaller base of supporters by vastly outspending the Democrats. But now that the Democrats have more than met a level of fundraising parity against the GOP, can Republicans really still continue to pull out races without trumping Democrats with their superior bank accounts?