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Politics : Politics for Pros- moderated
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From: LindyBill6/22/2008 1:35:42 AM
   of 793843
 
GOP out raising DNC 5-1 in fundraising

Jun 21 at 10:10am by Macranger

Promising….

* "Led by chairman Mike Duncan, the Republican National Committee ended May with 13 times more money in the bank than its Democratic counterpart, and raised five times as much money in the same time frame.

As The Times' campaign finance guru Dan Morain points out, the sums are significant as presumptive Republican nominee Sen. John McCain squares off against the far more richly-funded Sen. Barack Obama for the last 136 days of the general election campaign.

Based on the numbers so far, the Republican Party appears poised to act as the financial equalizer in the fall campaign. The RNC disclosed that it ended May with $53.5 million in the bank, compared to $3.9 million for the Democratic National Committee, which is headed by Howard Dean.

Thanks to the continuing popularity and fundraising attraction of President Bush, the RNC continued to vastly out-raise the Democratic party, amassing $24.4 million just in May." *

I suspect this good news will only get better. By the way this money is coming mainly from the base which is good news for McCain, but it's also reflective of just how riled up we are getting at the prospect of an Obama Presidency.

As the LA Times notes, while Obama has opted out of public money, his own fundraising fell 11 million dollars short in May. This may even dive further as Obama continually infuriates his far left base with what they see as a capitulation to the Republicans on FISA.

macsmind.com
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