RNC Has $10.5 Million Less Than It Did at this Point in 2003

At the end of a generally unfavorably piece on Howard Dean in The New York Times over the weekend, Jeff Zeleny writes:

The Democratic Party's presidential candidates and its Congressional re-election committees have raised more money than their Republican counterparts. The Democratic National Committee, though, has fallen behind the Republican National Committee. In a disclosure report filed Saturday, the D.N.C. said it had $3.25 million in the bank, compared with $9.71 million heading into the presidential race four years ago.

No doubt this is not the type of comparison folks would like to see made about the Democratic National Committee, underperforming its pace from 2003. But does this comparison paint the entire picture about the financial state of the two parties? Not so much.

At this point in the 2003 cycle, the DNC indeed had $9,712,995.01 in the bank, which is more than the $3,254,172.21 the committee currently has in the bank. The difference is even larger when the DNC's current $2 million debt is taken into account.

That said, the Republicans are even further back from where they were at this point in 2003. Currently the Republican National Committee has $16,543,630.94 in the bank. At the end of September 2003, however, the RNC had $27,097,440.78 in the bank, or about $10.5 million more. Perhaps such a comparison would also be relevant to a discussion of relative fundraising by the two parties' main campaign arms.

An equally important point to take into account, which Zeleny alludes to but not entirely in context, is the fact that the Democratic presidential candidates are simply destroying their Republican adversaries in both fundraising and cash-on-hand. When the Democratic Party has its presumptive nominee and the DNC starts turning to the folks who had maxed out to one, two or more presidential candidates for $25,000 checks -- and you know that folks will oblige when the presumptive nominee asks them to -- there will hardly be enough time to stop and count the money coming in. What's more, the growth in small dollar contributions this cycle on the Democratic side will almost undoubtedly have an effect upon the DNC down the road.

So would it be preferrable if the DNC were to have more money in the bank and more money generally coming in? No doubt. But at the same time, is the party healthy and is talk about the relatively lower amount of money in the DNC's coffers overstated? The answer to both of these questions is yes.

Tags: DNC, RNC (all tags)

Comments

20 Comments

DNC Fund Drop due to Invertebrate Congress

Too bad Pelosi and Reid are such dismal leaders. If they had the guts to cut the funding for the war back in the spring, the DNC's coffers would be overflowing.

It's not surprising the Dems have less. They are blowing the majority they have in congress. Every person I know has decided to tell callers seeking funds for the DNC to pound sand until they either bring the troops home or start impeachment proceedings on Cheney.

The sad thing is, right now, local dems running in races for municipal, township and county positions could really use the help of the DNC. Firmly thrashing local republicans will discourage the strongest candidates from even bothering to run. That would make it a lot easier to win next year, if the right was stuck with weaker candidates.

by robkall 2007-10-21 07:08PM | login to reply | 0 recs
Re: DNC Fund Drop due to Invertebrate Congress

The Democrats overall, and especially the Congressional and Senatorial Democrats, have over twice as much as the Republicans, as Singer's previous post points out. Only the DNC is doing poorly.

Whatever the DNC's problem is, it isn't the war or Pelosi and Reid's leadership. Their committees are raising money like gangbusters.

by souvarine 2007-10-21 07:48PM | login to reply | 0 recs
Re: DNC Fund Drop due to Invertebrate Congress

There is a problem because of Dean's 50 state strategy.  Some feel that money should only be put into states the Democrats can win -- but I agree with Dean that there is no place the Dems can't win if we put our resources in those states.

by changehorses08 2007-10-22 08:00AM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

by robkall 2007-10-21 07:08PM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

Your Analysis doesnt hold water for one big piece you leave out:  In 2004 Bush was President and running for reelectio. Therefore - and everything else ignored- it would be ok to expect that, relative to the Democrats, the RNC would raise more money in 2004 Presidential election than now.

by adilla 2007-10-21 07:22PM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

So what exactly is the problem?  Are they still focusing more on building infrastructure rather than fund raising?

by socks the cat 2007-10-21 07:49PM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

I think so. The DNC is certainly spending a lot, so I'm guessing that it is on staff. But really it seems people are just donating directly to the candidates right now. People who are donating to the DNC are doing so for party infrastructure. On the other hand, the RNC has always been the go-to organization for Republicans, so I think that's why they're still performing well compared to the Congressional fundraising commitees.

by progressive america 2007-10-21 08:01PM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

yep people are donating more to the candidates - I gave to the DCCC but havent given to the DNC yet. Quite frankly, i cant afford to give to the three committees and to the candidates as well

by sepulvedaj3 2007-10-22 08:34AM | login to reply | 0 recs
Repub Stealth Funds

Unlike the NRSC and the NRCC, which trail their Democratic counterparts in fundraising, the Republican Governors Association is outpacing the Democratic Governors Association in fundraising ($12.4 million to $5.3 million through the first six months of the year).
Source: The Rothenberg Political Report
Tuesday, September 11, 2007
Governors Associations Retooling for the Long Haul
By Nathan L. Gonzales

-------------------------------------
Funds from the two Governors Associations can be used in statewide combined campaigns. We ignore these funds at our peril. Wonder what their nine months figures are.

by woody 2007-10-21 07:58PM | login to reply | 0 recs
Re: RNC Has $10.5 Million Less Than It Did at this

That Governors thing worries me as we have a majority of Governors.

by socks the cat 2007-10-21 08:47PM | login to reply | 0 recs
Big Surprise?

The corporate ruling class is very invested in the failure of Howard Dean.  He is a potentially transforming person, with a following, and they will not let that happen.

by james earl 2007-10-21 09:07PM | login to reply | 0 recs
Re: Big Surprise?

James -- I think you are absolutely right.  They want Dean to fail because he is transforming the Democratic Party.  We have won in states where we never had a chance before.  Some say the downside is that these new Democrats aren't as liberal as the Democrats elected from traditionally Democratic states.  But that is the tradeoff to have control of Congress.  Our party has to have a big-tent in order to recruit more supporters. What we have seen from Bush is a president who has decided to ignore the Democratic majority but once we have a new president this will change and we will finally get the issues were care about addressed by a Congress and a President committed to forging compromises for the greater good.

by changehorses08 2007-10-22 08:07AM | login to reply | 0 recs
Howard Dean

It's hilarious that Edwards' supporters are betting on Howard Dean's DNC to bail him out should he clinch the nominee.

LOL.

by areyouready 2007-10-21 09:22PM | login to reply | 0 recs
Re: Howard Dean

The Hillary/DLC folks have been trying to get rid of Dean and put in their lackey ever since Dean was elected by the rank and file of the Party.  I doubt that many of them make donations to the DNC and instead criticize Dean for his inability to raise money.  I don't think the DNC is not trying because I get emails and calls for funds on a regular basis.

As far as Edwards' supporters betting on Howard Dean bailing him out, I don't think that is the case at all.  Most Edwards' supporters I know give money to his campaign but he doesn't have the big dollar corporate interest money that HRC is going after.  Fortunately for her, she has access to a lot of Republican backing since the field of candidates over there is less than scintillating.

by lobo charlie 2007-10-21 10:04PM | login to reply | 0 recs
Re: oh...the ability to attract republican votes

to dems is considered unprincipled????how the hell are you going to get those extra votes needed to win?

by pate 2007-10-22 06:23AM | login to reply | 0 recs
I wish all of the blogs

spent as much time trying to compare grassroots orgnizations as they did fundraising.

The money stuff is interesting, but it is depressing in the extreme how much focus the blogs spend on the money race as opposed to how the parties are doing at builing sustainable infrastructure.  

by fladem 2007-10-22 07:10AM | login to reply | 0 recs
They both matter

Grassroots organizing is important, but in order to grow grass, you need fertilizer, which is why Dean's 50 state strategy is important - it gives the state parties the field organizers necessary to organize at a grassroots level. The problem with this DNC picture is that if the DNC doesn't crank up its fundraising, a lot of state parties don't have the financial resources to keep the field organizers  on board. When Dean ran, everyone thought he would bring his fundraising skills to the DNC. He didn't. It is very puzzling, because he energized a small donor base that could turn this DNC thing around. He is also contending with the fact that the antics of Florida and Michigan are making him look bad, as if it is his fault that the two states insist on destroying the calendar.  The refusal of Florida and Michigan to follow the rules is a distraction for Dean, and it is making him look bad.

by nascardem 2007-10-22 07:52AM | login to reply | 0 recs
Re: I wish all of the blogs

The money race is very important to the media because of the millions which will be spent on ads.

by changehorses08 2007-10-22 08:09AM | login to reply | 0 recs
Stop sugarcoating this!

We need to stop sugar-coating this.  The lack of money from the DNC is bad, considering the job of one of our heroes (Dean) is on the line.

by djtyg 2007-10-22 03:25PM | login to reply | 0 recs
Re: DNC is actually spending money on organizers

Would I like the DNC to have more money?  Yes.  Am I worried about it?  NO.  The difference this year is that the DNC has been spending money it raised in the past 3 years on Dr. Dean's 50 state strategy - hiring and training grassroots organizers, instead of banking money to use for advertising.  I already know it's working, at least here in NM.  The party has more volunteers than ever.  The DNC does need to raise more money, but only so it can do more of what it is already doing, not to impress Repugnant apologists.

by nm ward chair 2007-10-22 04:16PM | login to reply | 0 recs

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