Here's pretty much the same information, but not spun through a neocon bitchboy perspective. It's also just about the Senate.
Democrats Double Their Pleasure in Early Senate Fundraising
By Greg GirouxTue Apr 24, 5:30 PM ET
Democrats going into the 2006 elections appeared to face very long odds in their efforts to net the six-seat gain they needed to take control of the Senate. Yet New York Sen. Charles E. Schumer took his reputation as a master fundraiser to the chairmanship of the Democratic Senatorial Campaign Committee (DSCC) — which then stunned the Washington political community by easily outraising its partisan counterpart, the National Republican Senatorial Committee (NRSC).
With the Democrats now in control and the Republicans facing the unenviable task of defending 21 seats in the 2008 elections to the Democrats’ 12, Schumer is well positioned to take the DSCC to new heights in his second election cycle as chairman.
Still, the campaign finance reports for March, which closed out the year’s first quarter, were eye-opening: The $13.7 million in receipts reported by the Democratic unit for the first three months was nearly twice the $7 million posted by the NRSC.
In March alone, the DSCC did more than double the NRSC’s returns, with $8.7 million in receipts to $3.6 million for the Republican committee. The gap in cash reserves as of March 31 was even more glaring, with the DSCC holding $9.5 million cash on hand to $3.5 million for the NRSC.
A handful of senators reported donating to the Senate party committees through their own campaign committees or through their “leadership PACs,” which are political action committees that senators organize as a means of contributing to political allies.
Those leadership PACs can donate just $15,000 per year to a national party committee, such as the DSCC or the NRSC. And senators can give unlimited amounts to national party committees from their own Senate campaign committees.
Among the larger contributions that the DSCC received last month were those from the campaign committees of Delaware Sen. Thomas R. Carper ($125,000), North Dakota Sen. Kent Conrad (news, bio, voting record) ($100,000) and New Mexico Sen. Jeff Bingaman (news, bio, voting record) ($50,000), all of whom were overwhelmingly re-elected last November.
The NRSC did receive a big chunk of its own in the form of $425,000 in donations last month from the McConnell Majority Committee. This is a joint fundraising effort that divides its proceeds between the NRSC and the campaign committee of Minority Leader Mitch McConnell (news, bio, voting record) of Kentucky, who is up for re-election next year.
The NRSC last month paid off the remaining $500,000 of an outstanding loan and also paid off some of its debts to the law firm Foley and Lardner, to which the NRSC still owes $262,000. The DSCC has $6 million in debt from a loan it incurred last October, during the home stretch of the national Senate campaign.
http://news.yahoo.com/s/cq/20070424/...P0vqiV6N75R9AF
By Greg GirouxTue Apr 24, 5:30 PM ET
Democrats going into the 2006 elections appeared to face very long odds in their efforts to net the six-seat gain they needed to take control of the Senate. Yet New York Sen. Charles E. Schumer took his reputation as a master fundraiser to the chairmanship of the Democratic Senatorial Campaign Committee (DSCC) — which then stunned the Washington political community by easily outraising its partisan counterpart, the National Republican Senatorial Committee (NRSC).
With the Democrats now in control and the Republicans facing the unenviable task of defending 21 seats in the 2008 elections to the Democrats’ 12, Schumer is well positioned to take the DSCC to new heights in his second election cycle as chairman.
Still, the campaign finance reports for March, which closed out the year’s first quarter, were eye-opening: The $13.7 million in receipts reported by the Democratic unit for the first three months was nearly twice the $7 million posted by the NRSC.
In March alone, the DSCC did more than double the NRSC’s returns, with $8.7 million in receipts to $3.6 million for the Republican committee. The gap in cash reserves as of March 31 was even more glaring, with the DSCC holding $9.5 million cash on hand to $3.5 million for the NRSC.
A handful of senators reported donating to the Senate party committees through their own campaign committees or through their “leadership PACs,” which are political action committees that senators organize as a means of contributing to political allies.
Those leadership PACs can donate just $15,000 per year to a national party committee, such as the DSCC or the NRSC. And senators can give unlimited amounts to national party committees from their own Senate campaign committees.
Among the larger contributions that the DSCC received last month were those from the campaign committees of Delaware Sen. Thomas R. Carper ($125,000), North Dakota Sen. Kent Conrad (news, bio, voting record) ($100,000) and New Mexico Sen. Jeff Bingaman (news, bio, voting record) ($50,000), all of whom were overwhelmingly re-elected last November.
The NRSC did receive a big chunk of its own in the form of $425,000 in donations last month from the McConnell Majority Committee. This is a joint fundraising effort that divides its proceeds between the NRSC and the campaign committee of Minority Leader Mitch McConnell (news, bio, voting record) of Kentucky, who is up for re-election next year.
The NRSC last month paid off the remaining $500,000 of an outstanding loan and also paid off some of its debts to the law firm Foley and Lardner, to which the NRSC still owes $262,000. The DSCC has $6 million in debt from a loan it incurred last October, during the home stretch of the national Senate campaign.
http://news.yahoo.com/s/cq/20070424/...P0vqiV6N75R9AF
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