Via TPM Election Central, the Federal Election Commission has released fundraising receipts for the various Democratic and Republican campaign committees for the period from January to June of 2007. The general moral of the story is that the Democrats are not only raising more than the Republicans ($111.5 million vs. $108.8 million) but they are also spending less ($67.7 million vs. $87.1 million.) But what really stands out for me isn't how the Democratic committees compare to their Republican counterparts, but rather how they compare to themselves in prior years. This is where things get really interesting.
During the first six months of 2007...Democrats increased their fundraising by 29% over 2005 totals between January 1 and June 30. When compared to the same period in 2003, the last presidential cycle, the Democrats showed a 98% increase in federal receipts.
What's more, the Republicans are actually down from the same periods.
Republican party committees raised $108.8 million and spent $87.1 million. This represents a 24% decline in receipts for when compared to the same period in 2005 and a 22% decline when compared the same period in 2003.
My guess is that this is only partially explained by the differing levels of enthusiasm among members of the two parties. What's changed most between 2003 and 2007 is the improved ease of and access to modes of giving to candidates and parties via the internet and as The Politico reports, this is where Democrats are truly crushing Republicans. While it doesn't break down online donations to the party committees, Democratic candidates have raised $28 million online vs. just over $9 million for Republicans. I suspect Democrats' fundraising strength is just the tip of the iceberg as far as dividends we're going to see paid for the left's relatively early adoption of the internet as a political tool. Just look at this summary (h/t Chris Bowers) of the other ways in which we're well ahead of the right online and you get a sense of the advantage it gives us.
* Democratic candidates have twice as much traffic on their websites as do Republican candidates
* Democratic candidates have 50% more small donors than Republican candidates
* Democratic candidates have three times as many friends on MySpace as Republican candidates
* Democratic candidates have 25% more views of their videos on YouTube than Republican candidates, and more than twice as many views of the non-Ron Paul Republican candidates.
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