Democrats gain on Republicans in congressional fundraising

RAW STORY
Published: Monday April 24, 2006

House Democrats evenly matched their Republican counterparts in fundraising last month, and at the end of the first quarter showed they had essentially erased the traditional cash-on-hand disparity between the two parties, ROLL CALL reports Monday. Excerpts.

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The Democratic Congressional Campaign Committee, which began the cycle more than $21 million in debt, ended March with $23 million in the bank. The National Republican Congressional Committee, meanwhile, ended the month with $24.4 million on hand.

It is the first time in recent memory that the cash disparity between the two House campaign committees has been virtually nonexistent.

The NRCC and DCCC raised almost $9.2 million in March, when both held their annual spring fundraising events. Through March, the NRCC had raised $83.3 million for the cycle, while the DCCC had raised $57.7 million.

On the Senate side, the Democratic Senatorial Campaign Committee ended the month with just more than $32 million in its account, compared to the $26.5 million held by the National Republican Senatorial Committee.

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