THE POLITICAL MONEY TRAIL ...: For the second straight fiscal - TopicsExpress



          

THE POLITICAL MONEY TRAIL ...: For the second straight fiscal quarter, the Democratic Congressional Campaign Committee (DCCC) has outpaced the National Republican Congressional Committee (NRCC), raising more money to spend on Federal campaigns this fall as Democrats attempt to hang on to their Senate majority. The DCCC, along with its NRCC adversary, raises money to fund both House and Senate elections. For the second quarter, which runs from April through June, the DCCC amassed $25.3 million, compared with $19.7 million for the NRCC. In all, the DCCC has $50.9 million — about $8.4 million more than the NRCC after fundraising for the first two quarters of this year. As The Hill observed Wednesday, having an incumbent President who can devote time to headlining a barrage of fundraisers throughout the Nation brings a level of name recognition — and per-plate prices — that Republicans, for all their big-money wheeling and dealing, haven’t been able to match. From The Hill: The DCCC has consistently outraised its Republican counterpart this cycle, buoyed by multiple fundraisers headlined by President Obama and the prolific fundraising abilities of House Minority Leader Nancy Pelosi (Calif.) and DCCC Chairman Steve Israel (N.Y.). Democrats’ money advantage has allowed them to reserve a significant chunk of fall advertising time: $43.5 million thus far, and $13.5 million more than the NRCC has reserved. The kicker, though, is that superior firepower may not be enough for Democrats — especially incumbents — who can’t easily dissociate themselves from immensely unpopular Obama policies in many of their home States. Last week, incumbent Senator Mark Udall (D-Colo.) provided the latest of many examples of the weird dichotomy between Obama’s toxicity with voters and his party-nourishing appeal with high-level donors. Udall skipped his own fundraiser — headlined by Obama — in Colorado on July 9, surprising even the President, who’d expected the Senator to attend. That dodge came on the heels of another brush-off, when Udall conspicuously skipped a Denver speech Obama delivered on the U.S. economy earlier that same day. ------------------------------- FOR A PARTY WHICH IS SUPPOSED TO REPRESENT BLUE COLLAR WORKERS AND THE RAINBOW OF LOWER AND LOWER MIDDLE CLASS AMERICANS IT SEEMS AMAZING THEY COULD AMASS SUCH A CAMPAIGN FORTUNE. SURELY THERE MUST BE ONE OR TWO OF THOSE DESPICABLE RICH PEOPLE WHO HAVE PUT BREAD IN THEIR JAR.
Posted on: Thu, 17 Jul 2014 09:01:57 +0000

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