RNC Leads DNC in Fundraising

With Barack Obama and Hillary fundraising articles often occupying the front page, it isn’t unreasonable to think that the RNC trailed the DNC in fundraising, too. According to this NY Times article, that isn’t the case at all.

The Democratic National Committee ended 2007 nearly flat broke, with cash of $2.9 million and debts of $2.2 million. Since then it has raised some money, paid down debt and managed to put $3.7 million in its piggy bank. This compares, however, with $25 million that the Republican National Committee has in cash on hand, after having raised $97 million since the beginning of 2007.

That isn’t the only bad news for Democrats:

Already, President Bush, who spoke at 29 Republican fund-raisers and is credited with raising $63.5 million last year, is lined up for more R.N.C. fund-raising in the weeks ahead. This money is likely to provide the financial muscle for Mr. McCain to continue his attacks on both Democratic candidates.

Expect John McCain to have all the finances he’ll need in fairly short order. I’ve always maintained that the fundraising totals for the GOP presidential candidates was as much about the big money guys waiting until the nominee was picked as it was about each candidate having some serious flaws.

Once McCain is fully funded, expect the alphabets (RNC, NRSC & NRCC) to kick into high gear. By the time the fall campaign kicks in, we’ll be able to fund alot of challengers for the House.

I’ve always been an optimist but I’m seeing some indicators that tell me that 2008 isn’t going to be the bad year like everyone’s predicting. We’ve weeded out alot of the RINOs in congress which will energize us for this fall’s campaign. We’ll have the money to fund our candidates. All that’s left after that is to outwork our opponents. That’s certainly possible.

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Cross-posted at LetFreedomRingBlog

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