Every election cycle the party campaign committees, and many in the national media, make a big deal about party fundraising. Coverage of the money chase has been exacerbated by the fact that these committees file monthly reports detailing their fundraising, as opposed to quarterly. To wit: “House Democratic campaign raises more than $6 million in January," a headline on CNN’s website noted in mid-February. “DCCC Outraises NRCC in January,” Hotline On Call announced. “DSCC Raised Millions More Than NRSC in January,” CQ Roll Call’s At the Races blog reported. There is nothing wrong with these pieces. But the party committee numbers, while noteworthy, simply aren’t as important as they once were. (more…)