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June 11, 2006

An important marker along the way

Until and unless we get public financing of campaigns..money is going to be a constant issue. Without it, the political lifeblood of a campaign is nonexistant.

That's why this matters so much:

Democrats Closing Fundraising Gap With Republicans
Increase in Grass-Roots Support Buoys Party as GOP Efforts Falter

A surge in small, individual contributions is lifting Democratic campaigns this year and is helping close a Republican fundraising advantage that has existed for years in national politics, according to Federal Election Commission data.

Democratic House and Senate candidates and their two major campaign committees are enjoying stronger grass-roots support than at any time since the GOP took over both chambers of Congress in the 1994 elections, according to strategists from both parties who have reviewed the most recent FEC data released this spring.

At the same time, Republican campaign committees are stumbling. The Republican National Committee is lagging behind its totals from two years ago, though it continues to have a financial lead over the Democratic National Committee. The National Republican Senatorial Committee, headed by Sen. Elizabeth Dole (N.C.), has raised more than $50 million this election cycle -- $6 million less than its Democratic counterpart.

On the House side, the National Republican Congressional Committee remains ahead of the Democratic Congressional Campaign Committee. But the gap is smaller than in the past, and the trends are in the Democrats' favor. The DCCC had raised 45 percent more through the end of April than it had at the same point in 2004. The NRCC, meanwhile, saw a 13 percent drop over the same period.

Especially with the rise in small, grassroots initiated contributions (vs large corporate and individual donations) this is a HUGE deal for the left.

This demonstrates that the Democrats are on the rise and the GOP is on the wane. Its one marker on the road to the election that should make the Republican Party extremely concerned.

Posted by Carla at June 11, 2006 07:47 AM