DCCC Destroys NRCC in Fundraising

The second quarter numbers from the Democratic Congressional Campaign Committee and the National Republican Congressional Committee are trickling in, and folks they don't augur too well for GOP hopes of retaking the House of Representatives any time soon. Josh Kraushaar has the details for The Politico.

The Democratic Congressional Campaign Committee outraised the National Republican Congressional Committee for the second straight quarter, and has nearly 10 times the cash on hand of its Republican counterpart.

NRCC Chairman Tom Cole (R-Okla.) announced Thursday that the committee raised between $13 million and $14 million for the second quarter, and had around $2 million cash on hand at the end of June.

Meanwhile, the DCCC raised about $17 million for the quarter, and banked $19 million at the end of June.

Reports seem to indicate that both party committees are holding debts in the neighborhood of about $4 million, or slightly more.

One cannot understate just how remarkable these numbers are. Judging by these initial reports and crosstabulating with official numbers from April and May, it seems that the DCCC outraised the NRCC by roughly a $10.2 million to $5.5 million spread during June -- an achievement made all the more impressive by the fact that the NRCC benefited from having a presidential fundraiser last month that provided a one-time boost to their haul of cash.

At the same time, the NRCC seems to be burning through cash at an astounding rater, particularly in comparison with the relatively more frugal DCCC. Again, if I'm reading these numbers correctly the NRCC spent nearly every cent of the roughly $5.5 million it brought in this last month. Although a large portion of this sum went towards paying off somewhere between $2 million and $2.7 million in debts, the $5.5 million number is still extremely high. Compare it to the roughly $2.7 million the DCCC likely spent during June (of the $10.2 million it brought in) -- some of which may have gone to slightly paying down the DCCC's debt.

As a result of the DCCC's superior fundraising and the NRCC's inability to hold on to its cash, the Democrats now hold a truly remarkable and almost undoubtedly unprecedented $19 million to $2 million cash-on-hand lead as of the end of June.

It's already difficult enough for the Republicans to retake the House, with the Democrats maintaining a robust lead in the generic congressional ballot question and the President's job approval rating falling below 28 percent. But if the Republicans can't come close to maintaining financial parity with the Democrats -- let alone greatly outspend them, as they have in almost every other cycle in recent memory -- I'm not sure how they expect to retake the House this cycle. It may simply not be possible.



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Re: DCCC Destroys NRCC in Fundraising (none / 0)

What happened to the spooky "Republican WAR Chest"? I thought they were powerful and superior. I thought they had Rove. I thought they were a mighty force to be reckoned with. Not any more, it appears. This is just another sign that the old elephant is on it's way out.

ROFLMAO!

The Republicans are going down!


"I don't oppose all wars...what I do oppose, is a dumb war" ~ Barack Obama
by BlueDiamond on Thu Jul 12, 2007 at 04:57:47 PM EST

Re: DCCC Destroys NRCC in Fundraising (none / 0)

What happened to the "Vaunted Republican Get Out the Vote Machine"!!!???

If I could get a quarter for every time I heard that phrase in 2006, I'd be a trillionaire today.


by need some wood on Thu Jul 12, 2007 at 05:10:03 PM EST
[ Parent ]

Re: DCCC Destroys NRCC in Fundraising (3.00 / 2)

I am certain excited by this news. I would however caution you to not disregard the Republican GOTV machine. It was certainly weaker in 2006 than it was in past cycles. That being said, I was working on a state legislative race in PA that out performed expected turnout by over 25%. Our campaign reached and surpassed its target number of votes and LOST by 10%. This was surely in part to last minute TV ads that our opponent could afford and we could not, as well as two independents in the race (that took slightly less than 10% of the vote,) However, we also know for a fact that the republican GOTV efforts were incredibly effective (at least in our district.)

I bring up this cautionary tale not to rain on your parade, but more to remind you that we are going to have a lot of work to do next year AND that it is always dangerous to underestimate your opponents.


ENOUGH!
by JDF on Thu Jul 12, 2007 at 05:58:27 PM EST
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Ouch (none / 0)

The House committees were supposed to be at near parity; it was the DSCC that was trouncing the NRSC.    It looks like it's only a matter of time before the DNC overtakes the RNC...

Throwing something out there - did the Congressional GOP's lack of support for the immigration bill, while increasing the contributions from the xenophobic voters, substantially decrease contributions from its corporate financiers?


by Ramo on Thu Jul 12, 2007 at 05:14:25 PM EST

Re: DCCC Destroys NRCC in Fundraising (none / 0)

Immigration debate alienated small donors.  It obviously played a major role in hurting the Republicans fundraising.  

How are the Republicans burning through there cash so fast?  Anybody know?


by JeremiahTheMessiah on Thu Jul 12, 2007 at 05:42:21 PM EST

Re: DCCC Destroys NRCC in Fundraising (none / 0)

That's the common wisdom, but that should've played a bigger role in May receipts.  When it looked like the bill was about to pass.  Remember that the immigration bill had a near death experience in the beginning of the month, and a stake was driven through it towards the end.  

So I was wondering if it cut the other way.  If big donors, who I suspect are a disproportionate source for party committee fundraising, decided to chastise Congressional GoPers for listening to their xenophobic base.


by Ramo on Thu Jul 12, 2007 at 05:52:16 PM EST
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Re: DCCC Destroys NRCC in Fundraising (none / 0)

That's my question too. What is the NRCC burning all its cash on? How are NRCC expenditures different from DNCC expenditures?


by billybob on Thu Jul 12, 2007 at 07:39:46 PM EST
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Re: DCCC Destroys NRCC in Fundraising (none / 0)

I mean DCCC expenditures.


by billybob on Thu Jul 12, 2007 at 07:41:10 PM EST
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Re: DCCC Destroys NRCC in Fundraising (none / 0)

Microtargeting probably. We read recently, here or at Kos, about the Repubs investing heavily in database mining to be able to target small groups of voters on the issues that actually will move them, in order to reach those voters with direct mail etc.

The microtargeting work costs huge money up front, and it pays off. Beware.


by Woody on Thu Jul 12, 2007 at 11:27:40 PM EST
[ Parent ]

Re: DCCC Destroys NRCC in Fundraising (none / 0)

Now if we could just get Congress to pass some meaningful legislation by showing some bipartisan finesse we could spend the raised money more confidently.  We need a super majority if we are ever going to reverse the backslide of the last 7 years.


by cwilcox on Thu Jul 12, 2007 at 05:50:22 PM EST

Re: DCCC Destroys NRCC in Fundraising (none / 0)

The best way to gain this super majority you speak of is to get more aggressive about our agenda, call out the republicans in the Senate and force them to actually filibuster our legislation rather than letting them off the hook with cloture votes.

Also, we must continue to go aggressively target Republican seats. This is especially true in the house where we are likely to lose back a couple of the seats we took in traditionally red districts.


ENOUGH!
by JDF on Thu Jul 12, 2007 at 06:01:44 PM EST

Cole will not support two end-the-war Repubs (none / 0)

The committee will not be endorsing Reps. Wayne Gilchrest (R-Md.), Walter Jones (R-N.C) or Chris Cannon (R-Utah), all of whom will likely be facing vigorous primary challenges from the right.  But Cole did offer unqualified personal praise for the three members, calling all of them "honorable people" and "valuable members."

Guess this means the Repubs are sticking to their losing cause, eh?

I would be thrilled to see Cannon replaced by a Dem.


by Books Alive on Thu Jul 12, 2007 at 08:54:45 PM EST

Re: Cole will not support two end-the-war Repubs (none / 0)

Cannon?  Really??

Is this because of the immigration stuff?  Because I can't think of any other reason.  Cannon is one of Bush's biggest water-carriers; just look at his performance from yesterday trying to cover for Harriet Miers not showing up before the House.


by BruinKid on Fri Jul 13, 2007 at 08:20:53 AM EST
[ Parent ]

Re: Cole will not support two end-the-war Repubs (3.00 / 1)

Mystifying, isn't it? In all these Judiciary subcommittee hearings, Cannon has carried on like a dolt. With Goodling, he gave her dispensation with each question he posed.

OnTheIssues.org rates Cannon as a Libertarian leaning Conservative. So many of his scores seem to fit with your "Bush's biggest water-carrier" designation, as on abortion, he's ranked 0% by NARAL; ACLU rates him at 7%; NEA at 8%; League of Conservation Voters at 5%; APHA (anti-public health) at 0%; SANE, FAIR, AFL-CIO and ARA (anti-senior) all rate him 0%. His high marks come from the US Chamber of Commerce at 97%; Christian Coalition at 84%; NTU at 70% is noted "satisfactory." Oh, yes - NRA rates him A+.

Among his votes on immigration questions were Yes on building a fence and Yes to giving the Minuteman Program backing.

It must be the NRCC has found a candidate even more to the right!


by Books Alive on Fri Jul 13, 2007 at 04:35:15 PM EST
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