GOP Financial Struggles Jeopardize 2010 House Election Bids

[stevedeshazer]

The National Republican Congressional Committee, the financial arm for GOP House campaigns, has raised less than a third as much money as its Democratic counterpart and ended 2009 with barely enough money to fully finance a single House race, Politico reported Sunday.

Financial woes are dimming the GOP's bright prospects of making major gains in the House next year and some GOP strategists are blaming an unlikely source: Republican incumbents.

The National Republican Congressional Committee, the financial arm for GOP House campaigns, has raised less than a third as much money as its Democratic counterpart and ended 2009 with barely enough money to fully finance a single House race, Politico reported Sunday.

<snip>

Overall, the DCCC outraised the NRCC last year by more than $18 million, according to FEC figures at the end of November. The NRCC has only $4.3 million left in its campaign account, with more than $2 million in debt. That means it will have very little to fund the dozens of races it hope to successfully contest.

By contrast, the DCCC has a $15.3 million war chest and $2.6 million in debt.

</snip>

http://www.foxnews.com/politics/2010/01/03/gop-financial-struggles-jeopardize-house-election-bids/

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Yes, I know it's Fox. Yes, I know it's Politico.

Feels good, though. Maybe the predictions of a Republican sweep this fall are exaggerated.

[Selatius]

1. If the DCCC is getting a disproportionate amount of cash from corporatists, we've got big problems.

A Democratic majority that is totally bought out by corporatists is not really conducive to progressive legislation. The removal of the Public Option from the health care bill in the Senate is a case in point.

[stevedeshazer]

2. That's a very good point.

[Flaneur]

3. Well, at least that's good news.