DCCC Outraises NRCC in November, Has Big Cash Edge
The National Republican Congressional Committee will report raising $2.34 million in the month of November, but it spent almost as much — $2.16 million. That’s a net of only about $180,000 for the committee, which is heading into the 2010 elections with the political wind at its back but with a comparatively weak bank account.The Democratic Congressional Campaign Committee will report raising $3.65 million in November, with $2.8 million in disbursements. House Democrats also have a cash advantage of more than 3-to-1, with $15.35 million in cash on hand compared with the NRCC’s $4.35 million in the bank. The NRCC will also report having $2 million in debt. The committee has been carrying about $2 million in debt since August, but it has reduced its red ink from $6.5 million at the beginning of the cycle. The DCCC will report slightly more debt than the NRCC. The Democratic committee has about $2.66 million in debt.