DNC Cash Cow Heading for the Glue Factory

It looks like the Democrats are losing the battle of the bulg(ing) wallet; the kook wing of their party isn`t coughing up the cash to keep pace with Republicans, even as we enter these critical final days.

From the Evans-Novak Report:


Rep. Rahm Emanuel (D-Ill.), chairman of the Democratic Congressional Campaign Committee (DCCC), has a golden opportunity before him. He has kept his committee near financial parity with the National Republican Congressional Committee (NRCC), his Republican counterpart. He successfully recruited several top-tier challengers. His challengers have, on average, raised more money than Democratic challengers do in most cycles. But there is a problem that is outside Emanuel's control.

Whereas DNC chairmen in past cycles have dedicated as much as $20 million to the election of Democratic House members, DNC Chairman Howard Dean will provide a mere $2 million. By contrast, the Republican National Committee (RNC) this year is expected to spend that much in each of 18 contested congressional districts, for a total of nearly $40 million. Dean has foolishly spent his money placating the state party chairmen who elected him in 2005, making good on ill-advised promises to spread around the national party money. A recent email from Dean to supporters actually trumpets the fact that DNC money is being spent to organize precincts in Mississippi, which has no competitive congressional or statewide races this year and whose state offices are not up for election until November 2007.

Party Committee Fundraising Through Aug. 31, 2006


Raised
Cash on Hand

Democratic National Committee
$102,746,022
$10,929,533

Democratic Congressional Campaign Committee
$86,160,713
$34,867,692

Democratic Senatorial Campaign Committee
$81,257,939
$29,775,182

Democrat Total :
$270,164,674
$75,572,407

Republican National Committee
$185,080,183
$39,302,454

National Republican Congressional Committee
$123,906,652
$36,019,485

National Republican Senatorial Committee
$69,218,617
$18,602,642

Republican Total :
$378,205,452
$93,924,581



So the Democrats find themselves without resources just when they could really use them to make serious gains. At the same time, some Republican seats that should not be on our chart are showing weaknesses that the GOP should find troubling.

The outlook for Democrat-held seats remains unchanged this week. Democrats +14, Republicans -14