Senate Democrats Extend Financial Edge Over GOP Opponents

Posted March 20, 2008 at 11:50am

Senate Democrats continued to run up the score financially against their Republican counterparts last month, paying down debt and padding their better than 2-to-1 cash advantage.

According to preliminary numbers obtained by Roll Call, the Democratic Senatorial Campaign Committee took in $4.79 million during February and ended the month with $32.8 million in the bank.

The DSCC also closed out its February books with $500,000 outstanding, half its reported debt in January, spending $2.46 million overall, according to campaign finance records.

For Senate Democrats, February’s cash take is a better than 20 percent increase from the previous month, when the DSCC raised roughly $3.95 million.

GOP fundraising also perked up last month. The National Republican Senatorial Committee raised $3.94 million in February, a roughly 11 percent increase from the GOP’s $3.54 million total in January.

The NRSC closed out February with no debt and $15.29 million in cash on hand.

— Matthew Murray