I've been doing some apartment hunting today down in the Bay area (more on that later...), so I haven't been able to post this yet, but PoliticalMoneyLine has just posted the end of June campaign finance reports for all of the Democratic and Republican party committees. As you'll see, the numbers are quite remarkable.

If you check out the numbers from April and May, and compare them to the latest numbers, you'll see that the Democratic committees have gone from an advantage of roughly 3:2 (or a 50 percent advantage) to closer to a 2:1 advantage (well, a little better than a 15:8 or 88 percent advantage). When debts and obligations are taken into account, the advantage is even closer to 2:1 (or more than a 96 percent advantage). This comes both as a result of superior fundraising by the Democrats (even in the face of the Republicans' presidential fundraiser, which was supposed to have given the party committees an upper hand, or at least parity) and excessive spending by the Republicans.

To this point, I had been a bit concerned that despite the fact that the DSCC and the DCCC have been crushing their Republican counterparts, both in fundraising and in cash-on-hand, the DNC has been unable to match the RNC. But thinking more about it, I don't think it particularly matters at this point because by the time the presidential election really heats up the DNC will undoubtedly be able to catch up to the RNC as those maxed out to their presidential candidate send their dollars to the DNC (as might those who have given $5 to their favorite candidate).

All in all, these numbers bode extremely well for Democratic hopes of extending their majorities in Congress.