DSCC Maintains Healthy Cash Lead Over GOP

Posted December 19, 2007 at 6:46pm

The Democratic Senatorial Campaign Committee continued to outpace its GOP counterpart in money raised and cash on hand during the month of November, soon-to-be-filed fundraising reports will show.

One year out from the November 2008 elections, the DSCC raised $4.1 million, committee officials said Wednesday, compared with the $2.3 million raised in November by the National Republican Senatorial Committee.

The DSCC counted $25.5 million in cash on hand at the end of November, while the NRSC had $10.4 million.

The Democratic committee spent $2.1 million in November, compared with $1.4 million spent by the NRSC.

But while the NRSC has no debt left over from the 2006 cycle, the DSCC still had a $2 million debt remaining on Nov. 30.

The campaign finance reports are due at the Federal Election Commission today.

In a statement Wednesday, DSCC Chairman Charles Schumer (N.Y.) said, “The American people know that we need more Democratic seats in the Senate to change the country, and it’s translating to another strong month for our fundraising. We’re doing better than we were at this point in 2005, and we’re on track for another good election for Democrats.”

NRSC spokeswoman Rebecca Fisher responded that the committee is “confident our candidates will have the resources they need to win next November.”

On the House side, National Republican Congressional Committee fundraising numbers were not available by press time Wednesday. The Democratic Congressional Campaign Committee is expected to report that it raised $4.1 million in November with $30.6 million in cash on hand and $1.7 million in debt.