I don't think money will be a problem in our House races this year. According to Roll Call (subscriber only), the DCCC is sitting on a nice pile of cash.
The Democratic Congressional Campaign Committee announced Monday that it raised $20 million during the first three months of 2008 and finished March with $44.3 million on hand.The committee, which has lapped the National Republican Congressional Committee in available cash all cycle, also reported paying off its last debts from the 2006 cycle in the first quarter of the year. It has raised $87.9 million so far this election cycle.
What's more important, is that they are not doing it with the fat cats.
The DCCC reported that it had the highest grass-roots fundraising quarter of the 2008 cycle, tripling its low-dollar fundraising from the same time last year. The DCCC said it now has more than 2 million donors this cycle.
So if big donors want to blackmail Nancy Pelosi, they are going to have to find another way. The era of the oversized checkbook is over and, in this case, size no longer matters.
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